Exide Industries, JK Tyre and 5 Other Nifty 500 Stocks Trading Below the RSI 30 Level: Do You Hold Any?
India, Oct. 27 -- Exide Industries Limited
Exide Industries Limited is one of India's leading manufacturers of storage batteries, with a long-standing presence in the automotive and industrial battery markets. The company manufactures lead-acid batteries for two-wheelers, passenger vehicles, commercial vehicles, inverters, telecommunications, railways, and other industrial applications. It also supplies batteries for specialised uses, including defence and infrastructure.
With a market capitalization of Rs. 28,645 crores on Tuesday, the shares of Exide Industries Limited were trading at Rs. 337 per equity share, with an RSI of 21.82 indicating that it is in the oversold zone, offering the potential for an upside bounce.
CREDITACC_2026-...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.