According to Kunal Bothra, Head of Advisory at LKP, Exide Industries may test Rs 180.
Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, "Over the last couple of days, Exide Industries has shown some very good momentum. Looking at the larger pattern as well as the fact that the stock has underperformed in most of these underperformed midcap names, it is seeing some good volume activity."
"I believe Exide could be one of the few stocks, which could see a continuation in momentum with a short-term target of Rs 180 and a stoploss of Rs 165," he said.
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