Exide Industries Limited (BOM: 500086)
India
· Delayed Price · Currency is INR | Market Cap | 355.51B |
| Revenue (ttm) | 170.38B |
| Net Income (ttm) | 8.36B |
| Shares Out | 850.00M |
| EPS (ttm) | 9.84 |
| PE Ratio | 42.49 |
| Forward PE | 28.36 |
| Dividend | 2.00 (0.48%) |
| Ex-Dividend Date | Jul 22, 2024 |
| Volume | 392,822 |
| Open | 418.45 |
| Previous Close | 418.45 |
| Day's Range | 412.35 - 422.95 |
| 52-Week Range | 270.80 - 620.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 4, 2024 |
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]
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 StatementsNews
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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.,...
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...
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...
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...
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).
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...
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...