Exide Industries (India) Today
| EXIDEIND | 468.95 4.95 1.07% |
Performance13 of 100
| Odds Of DistressLess than 1
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Exide Industries is selling at 468.95 as of the 4th of May 2024; that is 1.07 percent up since the beginning of the trading day. The stock's open price was 464.0. Exide Industries has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Exide Industries Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Business Domain Automobiles & Components | Category Consumer Cyclical | Classification Consumer Discretionary |
Exide Industries is entity of India. It is traded as Stock on NSE exchange. The company has 850 M outstanding shares. More on Exide Industries Limited
Moving together with Exide Stock
| 0.69 | ASTERDM | Aster DM Healthcare | PairCorr |
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Exide Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Exide Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Exide Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO MD | Subir Chakraborty | ||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
Exide Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Exide Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Exide Industries' financial leverage. It provides some insight into what part of Exide Industries' total assets is financed by creditors.
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Exide Industries Limited (EXIDEIND) is traded on National Stock Exchange of India in India and employs 11 people. Exide Industries is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 402.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Exide Industries's market, we take the total number of its shares issued and multiply it by Exide Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Exide Industries operates under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 850 M outstanding shares.
Exide Industries Limited has accumulated about 156.7 M in cash with 7.68 B of positive cash flow from operations.
Check Exide Industries Probability Of Bankruptcy
Ownership AllocationExide Industries holds a total of 850 Million outstanding shares. Exide Industries Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Exide Ownership Details
Exide Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Exide Industries jumping above the current price in 90 days from now is about 1.27%. The Exide Industries Limited probability density function shows the probability of Exide Industries stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Exide Industries Limited has a beta of -0.3383 suggesting as returns on the benchmark increase, returns on holding Exide Industries are expected to decrease at a much lower rate. During a bear market, however, Exide Industries Limited is likely to outperform the market. Additionally, exide Industries Limited has an alpha of 0.6444, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Exide Industries to move above the current price in 90 days from now is about 1.27 (This Exide Industries Limited probability density function shows the probability of Exide Stock to fall within a particular range of prices over 90 days) .
Exide Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Exide Industries market risk premium is the additional return an investor will receive from holding Exide Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Exide Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Exide Industries' alpha and beta are two of the key measurements used to evaluate Exide Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.98 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.57 |
Exide Stock Against Markets
Picking the right benchmark for Exide Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Exide Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Exide Industries is critical whether you are bullish or bearish towards Exide Industries Limited at a given time. Please also check how Exide Industries' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Exide Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Exide Industries Corporate Executives
Elected by the shareholders, the Exide Industries' board of directors comprises two types of representatives: Exide Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Exide. The board's role is to monitor Exide Industries' management team and ensure that shareholders' interests are well served. Exide Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Exide Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Asish Mukherjee | CFO Finance | Profile |
How to buy Exide Stock?
Before investing in Exide Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Exide Industries. To buy Exide Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Exide Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Exide Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Exide Industries Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Exide Industries Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Exide Industries Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Exide Industries Limited?
The danger of trading Exide Industries Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Exide Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Exide Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Exide Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exide Industries Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Exide Industries information on this page should be used as a complementary analysis to other Exide Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Exide Stock analysis
When running Exide Industries' price analysis, check to measure Exide Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exide Industries is operating at the current time. Most of Exide Industries' value examination focuses on studying past and present price action to predict the probability of Exide Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exide Industries' price. Additionally, you may evaluate how the addition of Exide Industries to your portfolios can decrease your overall portfolio volatility.
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