PFA, Fundamental report on Exide Industries Ltd.
Good proxy play for both Auto Ancillary + Financial Services (Life Insurance)
Remember, Exide has a 76% market-share in Battery original equipment manufacturing (OEM) segment and 31 percent in
Looks good for Med to Long term Investment.
Rgds/Balaji
From:
Sent: Sunday, November 15, 2009 8:37 PM
To:
Subject: Re: [Technical-Investor] Guess the Stock...Worth giving a try
EXIDEIND
Regards
"Success does not depend on making important decisions quick;
it depends on your quick action on important decisions"
From: Balaji Jayaraman <bctbalaji@gmail.com>
To:
Sent: Sun, 15 November, 2009 8:08:57 PM
Subject: [Technical-Investor] Guess the Stock...Worth giving a try
All,
PFA – a stock that has been building up strong Bullish uptrend from March-April lows.
This could probably be a Multi-bagger in making for long term investment.
Any Guess on the stock? I have attached daily/weekly chart.
Rgds/Balaji
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