Exide Industries
380.60
-10.60(-2.71%)
Market Cap₹33,252.00 Cr
PE Ratio43.22
IndustryAutomobiles
Company Performance:
1D-2.71%
1M-1.35%
6M+9.45%
1Y-29.51%
5Y+147.95%
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More news about Exide Industries
30Apr 25
Exide Industries: Q4 Profit Declines 11%, Demand Expected to Improve
Exide Industries reported a 4% increase in Q4 FY2024-25 revenue to 4,159.00 crore rupees, but faced profitability challenges with an 11% decrease in net profit to 254.00 crore rupees. The company plans to invest up to 1,200.00 crore rupees in Exide Energy Solutions and declared a dividend of 2.00 rupees per equity share. Despite Q4 challenges, Exide maintains a positive outlook on future demand.
21Apr 25
Exide Industries Bolsters Energy Solutions Arm with ₹300 Crore Investment
Exide Industries has announced a strategic investment of ₹300 crore in its subsidiary, Exide Energy Solutions. This move aims to strengthen the company's position in the energy storage and management sector, aligning with global trends in renewable energy and electric mobility. The investment is expected to drive innovation, diversify Exide's portfolio beyond traditional lead-acid batteries, and enhance its market positioning in the competitive energy solutions market.
17Apr 25
Exide Industries Bolsters Energy Solutions Arm with ₹300 Crore Investment
Exide Industries has invested ₹300 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), by subscribing to 8.33 million equity shares at ₹36 per share. This brings Exide's total investment in EESL to ₹3,602.23 crore, while maintaining 100% ownership. EESL, focused on lithium-ion battery production for electric vehicles and stationary applications, is setting up a plant in Bengaluru. As of March 31, 2024, EESL reported a net worth of ₹1,981.56 crore, turnover of ₹239.14 crore, and a loss after tax of ₹149.45 crore.
Exide Industries
380.60
-10.60
(-2.71%)
1 Year Returns:-29.51%
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Exide Industries
380.60
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