{LONGTERMINVESTORS} Exide Industries: Fully charged!!! - BUY CMP Rs179, 3-mts Target Rs205, Upside 14.5% ² Implementation of GST to be a driver for core business ² Strong OE demand bodes well for Exide Industries ² Recent deal of HDFC-Max Life to set valuation benchmark

 

Exide Industries: Fully charged!!! - BUY

CMP Rs179, 3-mts Target Rs205, Upside 14.5%

 

²  Implementation of GST to be a driver for core business

 

²  Strong OE demand bodes well for Exide Industries

 

²  Recent deal of HDFC-Max Life to set valuation benchmark

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CA Mihir Desai

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