Exide Industries

Exide Industries gains 4% on pact with Hyundai Motor India for EV batteries

Shares of Exide Industries gained up to 3.83 per cent at Rs 456.80 per share on the BSE in Friday's early morning deals

Stocks to Watch, Dec 20: Exide, GE Vernova, JK Cement, Amara Raja Energy

Stocks to Watch, Dec 20: Exide Industries subsidiary Exide Energy Solutions signs a binding agreement with Hyundai Motor India to supply lithium-ion cells and battery packs for Hyundai's EVs in India

Nykaa, Finolex, Exide see Death Cross on chart; stocks can fall up to 20%

The 'Death Cross' term is used when the stock's 50-DMA falls below 200-DMA; which in general leads to a tepid trend thereafter.

Exide Ind gains 4% on investing over Rs 99 crore in Exide Energy Solutions

With this investment, the total investment made by Exide Industries in its arm stands at Rs 3,052.24 crore

Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs

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. The company had posted a consolidated profit after tax (PAT) of Rs 270.32 crore in the same quarter last fiscal, Exide Industries Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review was at Rs 4,450 crore compared to Rs 4,371.52 crore in the year-ago period. Total expenses were higher at Rs 4,157.63 crore against Rs 4,043.57 crore in the same quarter a year ago, the company said. In the second quarter, the two-wheeler and four-wheeler replacement markets experienced robust demand, leading to double-digit revenue growth, it added. Industrial-UPS and solar also enjoyed strong demand momentum during the quarter. However, the demand scenario was soft in the home-UPS segment due to the early onset of monsoons, Exide Industries said. On the export front, the .

Exide Industries share price drop 4% after net profit slips 14% YoY in Q2

"For the near-term, business outlook is positive and commodity prices have started easing, which is expected to support profitability," said Avik Roy, MD & CEO, Exide Industries

Exide Ind up 4% as it invests over Rs 99 crore in arm Exide Energy

Exide Industries invested over Rs 99 crore in its arm Exide Energy Solutions to fund its green field listed entity project

ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here

In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.

Exide Q1FY25 results: PAT rises 16% to Rs 280 cr, revenue up at Rs 4,313 cr

Battery maker Exide Industries on Tuesday said its profit after tax increased 16 per cent to Rs 280 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preceding fiscal. Its revenue from operations rose to Rs 4,313 crore for the June quarter compared to Rs 4,073 crore in the year-ago period, Exide Industries said in a regulatory filing. "Both automobile and industrial verticals have delivered growth in the current quarter, and near-term drivers are promising," Exide Industries MD and CEO Avik Roy said. Despite rising raw material prices, cost optimisation initiatives led to lower cost of production and gross margin improvement, he added. "In our lithium-ion project, onsite construction and installation of production line equipment is currently underway," Roy said. Shares of Exide Industries ended 3.54 per cent down at Rs 532 apiece on the BSE.

BEML, Exide, Prestige: 5 mid-, small-cap stocks with over 15% downside risk

BEML, Exide Industries, HUDCO, Godrej Properties and Prestige Estates could fall up to 19 per cent from present levels, technical charts suggest.

Why is Nomura betting big on RIL, BEL, Exide, Sona BLW and Uno Minda?

As corporate capex picks up, it expects the Indian corporate sector to sustain 12 - 17 per cent earnings growth in the medium-term

Exide Q4 results: Net profit up 2.56% at Rs 184.74 cr, revenue rises 13.49%

The company on Tuesday announced changes in key management positions effective 1 May 2024

Exide Industries Q4 results: PAT up 37% to Rs 284 cr; sales at Rs 4,009 cr

Battery maker Exide Industries on Tuesday said its profit after tax rose 37 per cent to Rs 284 crore for the fourth quarter ended March 31, 2024. The company had reported a profit after tax (PAT) of Rs 208 crore in January-March period of FY23. Revenue from operations rose to Rs 4,009 crore in the period under review from Rs 3,543 crore a year ago. For the year ended March 31, 2024, the company posted a PAT of Rs 1,053 crore as compared with Rs 904 crore in 2022-23. Revenue from operations rose to Rs 16,029 crore as against Rs 14,592 crore in FY23. The company said its board has proposed a final dividend of Rs 2 per share for 2023-24. "Demand scenario was upbeat, and our diversified and technologically advanced product offerings helped us capture the opportunities across end customer markets," Exide Industries MD & CEO Subir Chakraborty said. Outlook is positive both for the automotive and industrial verticals and the company aims to deliver healthy sales growth and increase in

Exide Industries Q4FY24 results: Net profit jumps 36% YoY to Rs 283 cr

Exide Industries Q4 results: The company announced an interim dividend of Rs 2 per share

Hyundai India to have 5 new EVs by 2030, launch first electric SUV in 2024

Company will 'proactively build' charging stations to facilitate the adoption of EVs in country

Battery stocks' rally likely to extend in May after $2 billion surge

Exide and Amara Raja added a combined market value of about $2 bn in April as investors boosted their bets in the nascent clean car market

Hyundai, Kia tie up with Exide for electric vehicle battery localisation

The two auto majors plan to focus on the production of lithium iron phosphate cells. This will make them pioneers in the space

Exide zooms 15%, hits new all-time high on heavy volumes; here's why

According to reports, Hyundai and Kia have entered into an agreement with Exide Energy for electric vehicle (EV) battery localisation in India.

Hyundai, Kia partner with Exide Energy for EV battery localisation in India

South Korean auto majors Hyundai Motor Company and Kia Corporation on Monday announced a partnership with homegrown battery maker Exide Energy Solutions Ltd for electric vehicle battery localisation in India. Hyundai Motor Company and group firm Kia Corporation have signed a Memorandum of Understanding (MOU) with Exide Energy Solutions Ltd, a leading Indian battery company, as part of their electric vehicle (EV) expansion plans, Hyundai Motor Group said in a statement. Hyundai Motor and Kia aim to localise their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells in line with the expansion of their EV plans for the Indian market, it added. "This strategic move will position them as the pioneers in applying domestically produced batteries in their upcoming EV models in the Indian market," the statement said. India is a key market for vehicle electrification due in part to the government's carbon neutrality goals, which makes securing cost competitivene

Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction

Godfrey Phillips has been one of the key outperformers among SmallCaps thus far in 2024; presently the stock is seen testing support at its trend line, shows daily chart.