Exide Industries Ltd (EXIDEIND)
₹473.2▲2.18%
Exide Industries Ltd share Performance
- ₹460.3₹476.3₹473.2
2.73%
Low
Day's Volatility:3.38%
High
0.66%
- ₹190.55₹485.55₹473.2
59.73%
Low
52 Weeks Volatility:62.34%
High
2.61%
| Returns % | |
| 1 Month Return | + 0.72 % |
| 3 Month Return | + 37.62 % |
| 1 Year Return | + 137.79 % |
| Market Stats | |
| Previous Close | ₹₹463.10 |
| Open | ₹₹465.00 |
| Volume | ₹56.42L |
| Upper Circuit | ₹- |
| Lower Circuit | ₹- |
| Market Cap | ₹₹39,363.50Cr |
Analyst Rating
based on 22 analysts
Based on 22 analysts offering long term price targets for Exide Industries Ltd. An average target of ₹408.14
Source: S&P Global Market Intelligence
Company Information
Exide Industries Ltd is involved in the production and sale of a variety of products and services related to batteries and power storage solutions. It offers automotive batteries, home UPS, inverters, solar solutions, two-wheeler batteries, and industrial batteries, to name a few. Its popular brands include Exide, SF Sonic, and PowerSafe.
Exide Industries Ltd is also involved in the production of lead and lead alloys, and provides recycling services for lead acid batteries. Its products are widely used in automotive, industrial, telecom, and solar energy applications.
Share Price: ₹473.20 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹39,363.50Cr as of today
Revenue: ₹4,172.90Cr as on March 2024 (Q1 24)
Net Profit: ₹185.70Cr as on March 2024 (Q1 24)
Listing date: 02 Jan, 1995
Chairperson Name: Bharat Shah
| Organisation | Exide Industries Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Exide Industries Ltd
Exide Industries Stock Up on NSE - 16 May, 2024
Exide Industries Ltd's stock is up by 1.86% on the NSE and has gained 129.59% in the last year compared to a 21.96% gain in NIFTY and a 62.67% gain in the Nifty Auto.
Exide Industries Invests in Wholly-Owned Subsidiaries - 15 May, 2024
Exide Industries has invested approximately Rs 75 crores each in its wholly-owned subsidiaries engaged in the manufacturing process of Lithium-ion Battery cells and energy solutions. The company's total investment in both subsidiaries stands at around Rs 2,378 crores.
Exide Industries Invests Rs 74.99 Crore in Wholly-Owned Subsidiary - 14 May, 2024
Exide Industries has invested Rs 74.99 crore in its wholly-owned subsidiary, Exide Energy Solutions, bringing the total investment to Rs 2,377.24 crore. The acquisition does not affect the company's shareholding percentage in EESL.
Geojit Financial Services Recommends Accumulate Rating for Exide Industries - 13 May, 2024
Exide Industries Limited (EIL) is the market leader in storage batteries in India, with a 60% market share. Q4FY24 revenue grew by 13.2% YoY, driven by volume growth from most verticals. EIL signed a strategic MOU with Hyundai Motor Co and Kia Corp for development, production, and supply of battery cells for electric vehicles in India.
Exide Industries Reports Strong Performance in Q4FY24 - 02 May, 2024
Exide Industries reports strong Q4FY24 performance beating estimates with significant growth in gross profit and EBITDA expansion. The company's focus on EVs and new lithium cell facility set to start operations from Q4FY25 has led to a 50% gain in shares over the past month. Sharekhan recommends buying the stock with a target price of Rs. 537.
Exide Industries Reports Strong Q4 Results - 30 Apr, 2024
Exide Industries reports strong Q4 results with significant YoY growth in standalone and consolidated net profits, as well as revenue. The company plans to deepen its presence in the automotive sector by making lithium-ion cells this fiscal year. Exide also announces changes in key management positions.
Hyundai and Kia sign MOU with Exide Energy Solutions for locally produced LFP batteries - 27 Apr, 2024
Exide Industries stock has rallied nearly 45% since Hyundai and Kia signed an MOU with Exide Energy Solutions to equip their EVs in India with locally produced Lithium Iron Phosphate (LFP) batteries. The demand for lithium-ion batteries is expected to grow by nearly 3x-4x during 2025-30, aided by strong Government policy and regulatory support, and increased market adoption. Exide's newer entity, Exide Energy Solutions Limited (EESL), is setting up a 12 GWh green field project for li-ion cell manufacturing at a total investment of ₹6,000 crore.
Exide Industries Acquires 26% Stake in Clean Max Arcadia - 26 Apr, 2024
Exide Industries has invested Rs 5.34 crore to acquire a 26% equity stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) for solar power generation and supply at its Bawal factory in Haryana.
Exide Industries Rallies on Strategic Cooperation with Hyundai and Kia - 25 Apr, 2024
Exide Industries Ltd. experienced a 45% rally in April following the announcement of a strategic cooperation agreement to produce lithium iron phosphate cells for Hyundai Motor Co. and Kia Corp.
Exide Industries Sets Up First Lithium-Ion Battery Plant in India - 19 Apr, 2024
Exide Industries has invested Rs 4,000 crore to set up the first on-ground lithium-ion battery plant in India near Tirupati. The plant is expected to begin commercial production by January or February next year.
Exide Industries Stock Price Surges on Strategic Cooperation Opportunities - 18 Apr, 2024
Exide Industries' stock price reaches an all-time high of Rs 481.70 per share, with a cumulative gain of 54% over nine trading sessions. Its subsidiary Exide Energy Solutions signs MOU with Hyundai and Kia for strategic cooperation opportunities in India's EV market. Nomura lifts target price to Rs 485 apiece from earlier Rs 233 with buy rating.
Exide Industries Surges on Hopes of Localized EV Manufacturing Driving Demand - 17 Apr, 2024
Exide Industries surges 51% in April due to its partnership with Hyundai and KIA, government's impetus for making EVs in the country. Nomura increased its target price to Rs 485.
Fundamentals of Exide Industries Ltd
Insights on Exide Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 12.94% to 13.57% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 4.00K Cr → 4.17K Cr (in ₹), with an average increase of 4.1% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, EXIDEIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
- POSITIVE IMPACT
Price Rise
In the last 3 months, EXIDEIND stock has moved up by 37.6%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 21.83% to 21.87% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Cummins India Ltd has given 357.0% return, outperforming this stock by 205.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 45.99% of holdings in Mar 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 13.74% to 13.23% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 269.4 Cr → 184.74 Cr (in ₹), with an average decrease of 16.7% per quarter
Exide Industries Ltd Valuation
Exide Industries Ltd in the last 5 years
Lowest (2.57x)
June 20, 2022
Today (44.92x)
May 15, 2024
Industry (56.56x)
May 15, 2024
Highest (45.82x)
April 30, 2024
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.99% | 0.00 | |
| Foreign Institutions | 13.57% | 0.00 | |
| Mutual Funds | 13.23% | 0.00 | |
| Retail Investors | 21.87% | 0.00 | |
| Others | 5.34% | 0.00 |
Technicals of Exide Industries Ltd share
News & Events of Exide Industries Ltd
Exide Industries Ltd Blogs
News
State-owned retailers IOC, BPCL, HPCL post Rs 81,000 cr profit in FY24
State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profits totalling ab... Read more
12 May, 2024 11:52 AMReduce Bharat Petroleum Corporation; target of Rs 547: Prabhudas Lilladher
Prabhudas Lilladher recommended Reduce rating on Bharat Petroleum Corporation with a target price of Rs 547 in its research report dated May 11, 2024.
14 May, 2024 07:57 PMBharat Petroleum Corporation Stocks Live Updates: Bharat Petroleum Corporation Closes at Rs 606.90 with 1.6% 1-Month Return
Stay updated with the Bharat Petroleum Corporation Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore ... Read more
15 May, 2024 08:32 AM
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Exide Industries Ltd shares.
Exide Industries Ltd (EXIDEIND) share price today is ₹473.2
Exide Industries Ltd is listed on NSE
Exide Industries Ltd is listed on BSE
- Today’s highest price of Exide Industries Ltd is ₹476.3.
- Today’s lowest price of Exide Industries Ltd is ₹460.3.
PE Ratio of Exide Industries Ltd is 44.92
PE ratio = Exide Industries Ltd Market price per share / Exide Industries Ltd Earnings per share
Today’s traded volume of Exide Industries Ltd(EXIDEIND) is 56.42L.
Today’s market capitalisation of Exide Industries Ltd(EXIDEIND) is ₹39363.5Cr.
| Exide Industries Ltd(EXIDEIND | Price |
|---|---|
52 Week High | ₹485.55 |
52 Week Low | ₹190.55 |
Exide Industries Ltd(EXIDEIND) share price is ₹473.2. It is down -2.54% from its 52 Week High price of ₹485.55
Exide Industries Ltd(EXIDEIND) share price is ₹473.2. It is up 148.33% from its 52 Week Low price of ₹190.55
| Exide Industries Ltd(EXIDEIND | Returns |
|---|---|
1 Day Returns | 10.1% |
1 Month Returns | 0.72% |
3 Month Returns | 37.62% |
1 Year Returns | 137.79% |