Exide Industries Limited (BOM: 500086)

India flag India · Delayed Price · Currency is INR
439.95
0.00 (0.00%)
At close: Dec 19, 2024
44.22%
Market Cap 362.02B
Revenue (ttm) 170.38B
Net Income (ttm) 8.36B
Shares Out 850.00M
EPS (ttm) 9.84
PE Ratio 43.27
Forward PE 28.87
Dividend 2.00 (0.45%)
Ex-Dividend Date Jul 22, 2024
Volume 161,800
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range 281.65 - 620.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 28, 2025

About Exide Industries

Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries in India and internationally. The company operates through Automotive and Industrial segments. It also offers automotive, industrial, genset, solar, inverter, institutional uninterrupted power supply (UPS), and submarine batteries, as well as home UPS systems, integrated power back-up systems, and e-rickshaw vehicles. In addition, the company manufactures and supplies recycled lead and lead alloys; offers lithium-ion batteries; produces and distribute... [Read more]

Industry Miscellaneous Electrical Machinery, Equipment, and Supplies
Founded 1916
Employees 5,151
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500086
Full Company Profile

Financial Performance

In 2023, Exide Industries's revenue was 167.70 billion, an increase of 11.22% compared to the previous year's 150.78 billion. Earnings were 8.77 billion, an increase of 6.56%.

Financial Statements

News

Exide Industries shares jump 3% after company invests Rs 100 crores in subsidiary

Exide Industries’ stock surged 3% following its announcement of a ₹99.99 crore investment in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. This funding ai...

24 days ago - Business Upturn

Exide Industries invests Rs 100 crores in subsidiary Exide Energy Solutions

The latest funding brings Exide's total investment in EESL to ₹3,052.24 crore. Despite the new investment, Exide's shareholding in EESL remains unchanged at 100%, reinforcing the company’s commitment ...

25 days ago - Business Upturn

Exide Industries to commence lithium-ion battery production by end of FY26

Exide Industries has announced plans to start the production of lithium-ion batteries by the end of FY26. The move is expected to align the company with the growing demand for electric vehicle (EV) ba...

4 weeks ago - Business Upturn

Exide Industries Q2 FY25 earnings call highlights: Strong automotive replacement demand, ₹550 crore investment in energy solutions, optimistic outlook for H2

Exide Industries held its Q2 FY25 earnings call, where management highlighted various growth aspects and provided guidance for the near term. Here are the key takeaways from the call: Automotive Repla...

5 weeks ago - Business Upturn

Exide Industries share price: Nomura maintains buy call on Exide with target price of ₹589, sees 32% upside

Nomura has maintained its buy call on Exide, setting a target price of ₹589, indicating a potential upside of 32% from the current market price of ₹445. Exide’s Q2 revenue rose by 4% year-over-year, t...

6 weeks ago - Business Upturn

Exide Industries share price: Morgan Stanley maintains overweight call with target price of ₹538, sees 21% potential upside

Morgan Stanley has maintained its overweight call on Exide, setting a target price of ₹538 per share, which suggests a 21% upside from the current market price of ₹445. Exide’s Q2 results were weaker ...

6 weeks ago - Business Upturn

Exide Industries Share Price: Citi maintains buy call on Exide with target price cut to Rs 540, expecting 21% upside

Citi has maintained its buy call on Exide but reduced the target price from ₹610 to ₹540, suggesting a potential upside of 21% from the current market price of ₹445. The revised target comes after Exi...

6 weeks ago - Business Upturn

Exide reports 3.8% increase in net profit for Q2

Exide Industries has announced a 3.8% increase in net profit for Q2, with robust demand from the two-wheeler and four-wheeler replacement markets, while facing challenges in the home-UPS segment due t...

6 weeks ago - The Times of India

Exide Industries shares fall 3% post Q2 results

Exide Industries’ shares witnessed a decline of more than 3% after the company released its Q2 results. The firm reported a total income of ₹4,320.11 crore, slightly lower than ₹4,326.91 crore in the ...

6 weeks ago - Business Upturn

Exide Industries Q2 income flat at ₹4,320.11 crore, net profit rises 3.75% YoY to ₹297.77 crore

Exide Industries Limited has announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2024, showcasing a strong performance amid challenging market condit...

6 weeks ago - Business Upturn

Exide Energy acquires 26% stake in Clean Max Beta for solar power supply

Exide Energy Solutions Limited (EESL), a material wholly owned subsidiary of Exide Industries, has signed an Energy Supply Agreement with Clean Max Beta Private Limited to acquire solar power under th...

2 months ago - Business Upturn

Exide Industries increases investment in subsidiary Exide Energy Solutions to ₹2,852 crore

Exide Industries Limited (EIL) has made an additional investment of ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. This brings Exide’s tota...

2 months ago - Business Upturn

Auto Sector Stocks Update: Exide up 5.48%, Bosch gains 2.56%, Maruti rises 1.45%

The Nifty Auto sector saw mixed performance as of 11:22 AM, with several key players posting gains, while one stock, Bajaj Auto, slipped slightly. Leading the sector were Exide Industries, Bosch Ltd.,...

2 months ago - Business Upturn

Auto Stocks Update: M&M gains 0.25%, Exide Industries falls 4.76%, TVS Motors down 2.38%

As of 2:41 PM, the Nifty Auto sector saw mixed trends, with M&M emerging as the only gainer, while several key auto stocks faced losses. Exide Industries, TVS Motors, and MRF were among the top losers...

2 months ago - Business Upturn

Nifty Auto: Top gainers and losers on October 4

The Nifty Auto index witnessed a decline on October 4, closing down by 375.80 points or 1.43% at 25,926.30. Out of the total stocks in the index, two stocks advanced, and thirteen declined, reflecting...

2 months ago - Business Upturn

Citi revises target price for Exide Industries, maintains ‘Buy’ rating

Citi has maintained its ‘Buy’ recommendation on Exide Industries but has revised its target price down to Rs 560 from Rs 610. The decision comes amid concerns over sluggishness in Auto OEM volumes, wh...

3 months ago - Business Upturn

Exide Industries invests Rs 100 crore in wholly-owned subsidiary Exide Energy Solutions

Exide Industries Limited (EIL), a leading manufacturer of batteries, has announced a significant investment of ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL).

3 months ago - Business Upturn

Exide Industries shares jump nearly 3% after Road Transport and Highways Minister says India will be the largest lithium battery exporter in next 5 years

Exide Industries shares are in focus today with over 2% surge in shares. The company’s shares were trading 2.46% higher at ₹496.05 as of 12:45 pm. This comes after the Road Transport and Highways Mini...

3 months ago - Business Upturn

Exide Industries invests Rs 75 crore in its arm Exide Energy

This transaction does not alter Exide Industries' shareholding percentage in EESL and is conducted at arm's length. The additional equity shares were issued at a premium of ₹26 per share, amounting to...

4 months ago - Business Upturn