Exide Industries posted a decline in net profit during the December 2010 quarter due to high raw material costs and moderation in sales revenue due to capacity constraints. Being the largest player in the segment, the company still has the discretion to fix prices, which helps in maintaining a higher margin as compared to its peer group. Furthermore, the continued boom in the automobile sector is going to act as a catalyst for better earnings in coming years. Investors can take an exposure to the stock in being a leader in its segment with the sustainable business model.
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