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Exide Industries - Fundamentals

Discussion in 'Fundamental Analysis' started by sujan4bw, Sep 5, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi Shabbir,

    Positive Technicals
    Stock is in uptrend from June mid and there is breakout of previous high 141 yesterday.

    Positive Fundamentals

    Revenue in March-12 quarter is 1447.60 cr
    Revenue increased to 1553.58 cr in June-12.
    EPS in Mar-12 = 1.67 and in Jun-12 = 1.79.

    Promoters percentage is 45.99 consistent quarter on quarter.

    FII's percentage in Mar-12 = 18.10 and in Jun-12 = 18.08

    DII's percentage in Mar-12 = 18.35 and in Jun-12 = 18.30

    Retailer Percentage in Mar-12 = 22.56 and in Jun-12 = 22.63

    Let me know your views.

    Regards
    Sujan
     
    sujan4bw, Sep 5, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Just one thing which concerns me is sales turn over in Mar 2012 is 5,668.52 and in Mar 2011 is 5,558.43.

    Numbers are here

    But then looking at Quarterly numbers of June 2012, they look like exceeding 6000 Crore and so that should be fine as well.

    Also in same time frame operating profit was low because of increase in Excise Duty as well as higher Raw Material cost.

    Rest looks ok.
     
    shabbir, Sep 5, 2012
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