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Exide Industries, incorporated in the year 1947, is a Mid Cap company (having a market cap of Rs 13430.00 crore) operating in Auto Ancillaries sector.

A total of 56,780 shares changed hands on the counter till 02:10PM (IST)

The electrodes firm reported a 22 per cent decline in the consolidated net profit on a quarter-to-quarter basis to Rs 10.40 crore in June 2022 quarter. The company had reported a net profit of Rs 13.19 crore in the March 2022 quarter.

“When it comes to a multiyear credit cycle, that is the function of the economy too. If at all the economy offers us the opportunity, we will not be behind in terms of supporting the credit requirements of this economy. We are also working to insulate the balance sheet from all kinds of potential credit risks.”

​Manappuram Finance (MGFL) is one of the leading gold loan NBFCs in India. MGFL has also diversified into other business segments like housing loan, vehicle loan and microfinance, with a branch network size of around 5,000 spread across the country.

"Aditya Birla Health Insurance has a strong management team, a wellness-first product offering and a differentiated distribution model. We look forward to partnering with Aditya Birla Capital and Momentum Metropolitan Holdings to support the next phase of ABHI’s growth.”

The stock quoted a 52-week high price of Rs 3048.0 and a 52-week low of Rs 883.0.

"Standalone results are better than expected. Domestic and international businesses are well-placed for the next two years. Scale-up of non-auto business to aid in revenue and margin improvement," said the note.

A chart can reveal whatever the analyst wants to see in the chart. If the trader believes that the market is at an all-time high and can’t go any higher due to valuations or any other reason, then he will try to spot a bearish pattern in the charts.

Promoters held 48.76 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 20.71 per cent and 9.82 per cent, respectively.