Exide Industries Limited (EXIDEIND.BO)
| Previous close | 463.95 |
| Open | 467.95 |
| Bid | 0.00 x 0 |
| Ask | 468.60 x 0 |
| Day's range | 458.65 - 471.00 |
| 52-week range | 186.25 - 485.00 |
| Volume | |
| Avg. volume | 474,639 |
| Market cap | 398.31B |
| Beta (5Y monthly) | 0.62 |
| PE ratio (TTM) | 45.67 |
| EPS (TTM) | 10.26 |
| Earnings date | 26 Jul 2024 - 30 Jul 2024 |
| Forward dividend & yield | 2.00 (0.43%) |
| Ex-dividend date | 22 Jul 2024 |
| 1y target est | 284.04 |
BloombergBattery Stocks’ Rally in India May Extend After $2 Billion Surge
(Bloomberg) -- A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadHow to Get a Meeting With the UAE’s $1.5
- Reuters
UPDATE 2-Hyundai Motor, Kia to partner with India's Exide Energy on EV batteries
Hyundai Motor Co and Kia Corp on Monday signed a memorandum of understanding with India's Exide Energy Solutions Ltd to supply batteries for their electric vehicles in a bid to boost competitiveness in the world's No.3 auto market. The South Korean auto duo said in a statement that the partnership with Exide Energy, a unit of Exide Industries Ltd , aims to localise their EV battery production in India, specifically focusing on lithium-iron-phosphate (LFP) cells.
- Reuters
India's Exide Industries tops Q2 profit view, says "optimistic" on demand
India's Exide Industries on Monday reported a better-than-expected second-quarter profit helped by steady sales, and said it was optimistic on the near-to-medium term demand outlook. The battery maker posted a standalone net profit after tax of 2.87 billion rupees ($34.50 million) for the quarter to Sept. 30, up 16.5% year-on-year. A jump in vehicle sales was key to Exide's earnings, as the company derives over two-thirds of revenue from its automotive segment that supplies batteries to vehicle manufacturers.
