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Exide Industries

Buy Exide Industries shares

EXIDE INDUSTRIES (BOM: 500086) Shares

ABOUT EXIDE INDUSTRIES

Exide Industries Limited (EXIDEIND) was first incorporated as Associated Battery Makers (Eastern) Ltd. in 1953, and all and any of the assets of Chloride Electrical Storage Company (India) Ltd. was purchased by Exide Industries Limited.

In 1972, the company name changed to Chloride India Ltd and again changed to Chloride Industries Ltd. in 1988. In 1995, Exide Industries Limited received its official name under which it trades until today.

In 1963, production of special defense batteries and in the same year large stationary batteries were manufactured for railway track electrification. A second factory was established at Chinchwad, Maharashtra in 1969, catering for the growing demand for automobile batteries.

Exide Industries Limited has grown over the years and today it is the largest manufacturer of automotive and industrial lead-acid batteries in India along with being the fourth largest in the world with a global presence in over 50 countries.

OVERVIEW OF EXIDE INDUSTRIES

  • Exide Industries Limited hosts a comprehensive portfolio of products consisting of automotive, industrial, genset, solar, inverter and submarine batteries along with E-Rickshaw vehicles and home systems.

  • Exide Industries Limited has plants located in West Bengal, Haryana, Tamil Nadu, Maharashtra and Uttarakhand. The research and development centre located at Kolkata, West Bengal focuses on consistent innovation to ensure better processes and therefore better products along with studying and improving environmental aspects that are associated with the manufacturing process.

  • Exide Industries Limited has functional areas within its research and development that include battery design, process, tool design, alloy, plastic components, lithium ion battery and hard/soft rubber components development.
  • These areas also cater for analytical services, battery testing, quality assurance and environmental health monitoring.

VISION & VALUES OF EXIDE INDUSTRIES

  • Exide Industries Limited strives to achieve and sustain excellent levels of performance that not only meet but exceed the expectations of consumers and shareholders who purchase company shares.

  • Core values according to which business is conducted encompasses leadership, integrity, people development and involvement, agility and a passion for innovation and technology, if only to name a few.

MARKET PERFORMANCE OF EXIDE INDUSTRIES

  • Exide Industries Limited trades on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 500086.

  • The market performance for Exide Industries Limited at the end of September 2019 showed a total income of Rs. 2,616.41 Crores and a net profit of Rs. 237.29 Crores after tax along with a comprehensive income of Rs. 233.31 Crores. An interim dividend of Rs. 1.60 per equity share was declared and dividends were paid out within 30 days of the declaration
  • Shareholders who want to buy or sell company shares can expect lucrative dividends and returns in quarters to come with sound financials and continuous performance.

LATEST NEWS EXIDE INDUSTRIES

Buy EXIDE INDUSTRIES stocks / shares – A Step by Step Guide how to Buy / Purchase EXIDE INDUSTRIES  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy EXIDE INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN EXIDE INDUSTRIES STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE EXIDE INDUSTRIES STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of EXIDE INDUSTRIES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy EXIDE INDUSTRIES stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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