Mon, Nov 04, 2024
Battery maker Exide Industries Ltd on Monday reported a 13.66 per cent decline in consolidated profit after tax at Rs 233.4 crore in the September quarter, impacted by higher expenses.
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Mon, Oct 14, 2024
Stocks to BUY: Benchmark indices opened marginally in green on Monday with Sensex rising 236.13 points to 81,617.49 and Nifty gaining 72.50 points to 25,036.75 in early trade.
Tue, Jun 25, 2024
As Exide Industries has demonstrated its ability to adapt and thrive in the evolving energy landscape and there is positive investor sentiment surrounding the future of lithium-ion technology, the stock of Exide Industries is thriving.
Fri, Sep 03, 2021
Exide Industries’ share price jumped around 14 per cent to hit a day’s high of Rs 202.95 per share on the BSE intraday trade on Friday. The surge in the parent company is mainly due to its 100 per cent stake sale of insurance business to HDFC Life Insurance, which was announced through exchanges.
Mentioning that the future for Exide Industries is exciting, Zee Business Managing Editor Anil Singhvi said that for HDFC Life Insurance and Exide Life Insurance, it is a win-win deal. However, it turns out to be more fruitful for Exide as it sold its insurance arm business above valuations, said the Market Guru.
Fri, Apr 30, 2021
After a gap-up start, the domestic stocks market trading with a loss of around 1% on Friday’s noon deals. At 13:18 pm, S&P BSE Sensex was trading with a fall of 495.63 points or 1% at 49,270.31.
Mon, Feb 08, 2021
Kiran Jadhav recommends buying into Exide Industries, he said that stock has given a breakout after consolidating for 1.5 years. Exide Industries has formed a price pattern called the inverse head and shoulders pattern. The stock has crossed the option hurdle of 18 lk shares which is significant. This indicates that Exide Industries stock is ready for a big upmove.
Mon, Feb 01, 2021
Exide Industries reported results in line with our expectations, driven by strong traction in the aftermarket recovery in OEM growth and margin expansion. Net revenue of the standalone business grew by 16.2% yoy at Rs 2801 cr, led by a strong demand in the replacement market and recovery in demand from OEMs after Covid-19 pandemic. As per the management, the demand sentiments are strong for both Automotive and UPS batteries.
Thu, Dec 17, 2020
Interactions with battery dealers reveal strong recovery in two-wheelers replacement demand, while four-wheelers replacement demand and industrial demand are catching up strongly. Dealers are facing supply issues for two-wheeler batteries in particular due to sudden rise in demand. We are of view that higher than-expected demand from OEMs and shortage of certain imported components has led to supply issues. Sharekhan sees strong recovery in automotive battery demand at OEM, as well as replacement. Higher mobility on the road has increased battery demand in replacement markets
Fri, Aug 07, 2020
In today’s edition of Special Mid-cap Stocks show, analyst Jay Thakkar recommended three stocks which he said have the potential to earn bumper returns. While he picked stocks with a long term, positional medium term and short term view, he revealed in detail the finer points that go in favour of these stocks to deliver profit for investors
Tue, Aug 04, 2020
Stock Market Today: On account of strong global sentiments, the Indian indices opened on the higher side in the opening bell trade session on Tuesday.
Stocks in Focus on August 4: Spencer’s Retail, Exide Industries, Jubilant Life Sciences, BSE, Dhanlaxmi Bank, etc. are expected newsmakers throughout the intraday trade session.
Wed, May 08, 2019
At the stock markets, the Sensex at the Bombay Stock Exchange slumped 323.71 points to close at 38,276.63 on Tuesday, May 7, 2019.
Fri, Aug 03, 2018
Exide Industries, the leader in lead-acid batteries for automobiles, is set to give a major push to lithium-ion technology with plans to invest close to Rs 1,000 crore in its upcoming facility at Gujarat.
Thu, Jun 28, 2018
Automotive battery maker Exide Industries announced signing of a pact with Swiss-based firm Leclanche SA for setting up a joint venture company to build lithium-ion batteries and provide energy storage systems for India's electric vehicle market.
Tue, May 08, 2018
As we enter the thick of earnings season, we have compiled a list of 5 stocks where global brokerages have turned bullish. Take a look now:
Mon, May 07, 2018
Battery maker Exide Industries today reported 15.4 per cent increase in standalone net profit at Rs 189.56 crore for the fourth quarter ended on March 31, 2018. The company had posted a standalone net profit of Rs 164.26 crore in the same quarter previous fiscal, Exide Industries said in a BSE filing.
Sun, Oct 30, 2016
As India's biggest festival Diwali begins on Sunday, here are five stocks that you could buy this festive season. According to SMC Global latest research report, here's the list of top five stocks: 1. Exide Industries
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