Exide Industries rises 1.11% for third straight session on NSE

Exide Industries shares rose 1.11% to Rs 472.2 on the NSE, marking a third consecutive session of gains. The stock has outperformed the NIFTY over the past year. Over the past year, the stock has gained 24.3%, compared with a 0.16% rise in NIFTY and a 22.35% gain in the Nifty Auto index. It has added 13.92% in the last month, while the Nifty Auto index rose 6.53% in that period. Trading volume was 33.69 lakh shares, below the one-month daily average of 65.76 lakh. The stock's price-to-earnings ratio is 32.98 based on trailing twelve-month earnings.