Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Exide Industries Ltd Performance

Today's Low
380.50
arrowIcon
Today's High
403.00
52 Wk Low
182.30
arrowIcon
52 Wk High
403.00


Open

383.55

Traded Value (Cr)

891.18 Cr

Prev. Close

383.95

VWAP

394.27

Volume

1,49,42,496

Face Value

1

Exide Industries Ltd Fundamentals

Market Cap
₹ 32,623 Cr
P/E Ratio (TTM)
37.41
P/B Ratio
2.60
Debt to Equity
0.06
ROE
6.95 %
EPS (TTM)
10.26
Dividend Yield
0.52%
Book Value
147.34

Click here to know more about Fundamentals

Exide Industries Ltd F&O

Exide Industries Ltd Option Chain

Exide Industries Ltd Financials

Exide Industries Ltd Financials

Exide Industries Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 45.99 % 45.99 % 45.99 % 45.99 %
Retail 14.70 % 14.96 % 14.44 % 15.76 %
Mutual Funds 13.74 % 12.64 % 12.32 % 9.78 %
FII 12.94 % 12.81 % 12.86 % 12.32 %
Others 12.63 % 13.60 % 14.38 % 16.14 %

Promoters

45.99%

Retail

14.70%

Mutual Funds

13.74%

FII

12.94%

Others

12.63%

Promoters

45.99%

Retail

14.96%

Mutual Funds

12.64%

FII

12.81%

Others

13.60%

Promoters

45.99%

Retail

14.44%

Mutual Funds

12.32%

FII

12.86%

Others

14.38%

Promoters

45.99%

Retail

15.76%

Mutual Funds

9.78%

FII

12.32%

Others

16.14%

Resistance and Support

₹305.08

PIVOT

resistance-arrow
Resistance
First Resistance₹307.367
Second Resistance₹308.933
Third Resistance₹311.217
support-arrow
Support
First Resistance₹303.517
Second Resistance₹301.233
Third Resistance₹299.667
RSI96.625
MACD23.719
ADX36.325
CCI203.745

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day14,942,4964,833,21021.59
Week37,322,0657,821,56521.12
1 Month9,383,1412,312,83737.68
6 Months14,942,4964,557,04930.50

About Exide Industries Ltd

Headquartered in Kolkata, Exide Industries Ltd manufactures lead acid storage batteries and inverters. The company manufactures lead acid storage batteries from 2.5 Ampere-hour (Ah) to 20,200 Ampere-hour. The products manufactured by the company include automotive batteries, industrial batteries and submarine batteries. The company sells its products under EXIDE, SF, SONIC and Standard Furukawa Brands. In the international market, the products are sold under DYNEX, INDEX and SONIC brands. Exide Industries has 10 factories strategically located all over India out of which 7 factories are dedicated to batteries manufacturing and the other 3 factories manufacture Home UPS Systems. The company has a R&D facility at Kolkata, West Bengal. Exide has subsidiaries in the UK, Singapore and Sri Lanka and its exports span 60 countries across six continents. Exide Industries Ltd was incorporated on January 31, 1947 as Associated Battery Makers (Eastern) Ltd to purchase all or any of the assets of the business of manufacturers, buyers and sellers of and dealers in and repairers of electrical and chemical appliances and goods carried on by the Chloride Electric Storage Company (India) Ltd in India. In theyear 1947, the company incorporated Chloride International Ltd. In the year 1969, the company set up their second factory at Chinchwad, Pune. In August 2, 1972, the name of the company was changed to Chloride India Ltd. In the year 1976, they established R&D centre at Kolkata. In the year 1981, the company set up third factory at Haldia, West Bengal. In October 12, 1988, the name of the company was again changed to Chloride Industries Ltd. In the year 1994, the company made a technical collaboration with Shin Kobe Electric Machinery Co. Ltd. of Japan, a subsidiary of the Hitachi Group. In August 25, 1995, the company changed their name to Exide Industries Ltd. In the year 1997, the company set up their fourth factory at Hosur, Tamil Nadu. In the year 1998, the company acquired the industrial/ manufacturing units of Standard Batteries Ltd located at Taloja & Kanjurmarg (Maharashtra), Guindy (Tamilnadu) and plant at Ahmednagar (Maharashtra) from Cosepa Fiscal Industries Ltd as a going concern. In the year 1999, they acquired 51% shareholding in Caldyne Automatics Ltd. In the year 2000, the company acquired 100% stake in Chloride Batteries S E Asia Pte Ltd, Singapore and 49% stake in Associated Battery Manufacturers (Ceylon) Ltd, Sri Lanka. In the year 2003, the company commissioned a plant at Bawal, Haryana. Also, they formed a new joint venture in UK, ESPEX Batteries Ltd, with 51% holding. In the year 2004, Associated Battery Manufacturers (Ceylon) Ltd, Sri Lanka became a subsidiary consequent to acquiring further 12.50% equity holding. In the year 2005, the company made investment in 50% shareholding of ING Vysya Life Insurance Company Ltd. In the year 2007, Caldyne Automatics Ltd became 100% subsidiary consequent to acquiring the balance 49% shareholding. They made investment with 26% shareholding in CEIL Motive Power Pty Ltd, a joint venture in Australia. Also, they acquired 100% stake in Tandon Metals Ltd. In the year 2008, the company acquired 51% stake in Lead Age Alloys India Ltd. During the year 2008-09, the company received an order for 5000 batteries for the Singapore Taxi market amidst tough competition. Honda Japan selected the company as an exclusive supplier initially for 2 years for VRLA MC battery. The company entered into a technical collaboration with Changxing Noble Power Sourcing Co. Ltd., China for manufacture of Deep Cycling E-bike batteries for electric bicycles and scooters. During the year 2009-10, the company divested their 26% shareholding in Ceil Motive Power Pty Ltd, Australia (as associate company). In August 12, 2010, the company entered into an agreement for acquisition of 22,93,200 equity shares of Leadage Alloys India Ltd representing 49% of the shares in the said company. The Company held 51% of the shares in Leadage Alloys India Ltd and with this acquisition Leadage Alloys India Ltd will become a wholly owned subsidiary of Exide Industries Ltd. In January 2012, the company entered into technical collaboration and assistance agreements with East Penn Manufacturing Co. Inc. USA. Under these agreements, East Penn will provide technical assistance and support for the manufacture of automotive, motive power, standby, telecom, UPS, solar and traction batteries for Exide's various plants in India. This technical assistance will include a wide range of activities including the enhancement of processes for manufacturing, designs, quality control, and procurement. In February 2013, Exide Industries entered into a new Technical License and Assistance Agreement with Shin Kobe Electric Machinery Co. Ltd., Japan (a Hitachi group company) to implement new manufacturing processes for automotive batteries. Under this agreement, Shin-Kobe Electric Machinery Co. Ltd., Japan, will be providing technology and extensive technical support and assistance to manufacture quality automotive batteries at various plants of Exide Industries. This new technology would enable Exide Industries to not only manufacture superior batteries but is also expected to result in cost reduction. During 2013, Exide Industries acquired the balance 50% shares in ING Vysya Life Insurance. In 2014, ING Vysya Life Insurance was renamed as Exide Life Insurance. Two of Exide's wholly owned subsidiaries Chloride Metals and Chloride Alloys, engaged in the business of recycling old batteries and lead smelting were merged into one single corporate entity called Chloride Metals Ltd. The merger came into effect from 1 March 2016. On 24 June 2016, Exide Industries launched Solarblitz range of batteries in Lucknow targeted at the solar markets of rural India where power cuts are frequent and prolonged and people are increasingly looking at an alternative solution to their power needs. Exide Solarblitz range of batteries are specially designed for solar application. A new state-of-the-art battery making plant at the Haldia, West Bengal factory of Exide Industries Ltd was inaugurated on 2 January 2017. Built in Technical Collaboration with East Penn Manufacturing Company of the USA, at a capital investment of Rs 700 crore, the new plant will use the latest 'Punched Grid Technology' to manufacture the most technically advanced Lead Acid Storage Batteries in the country. During the year FY 2016-17, Exide Industries signed a technology co-operation agreement for the design and manufacture of Lithium Ion' family of products with Chaowei Group, a large, renowned company of China. With bulk energy storage being a major priority in the country, Exide Industries signed two technical collaboration agreements during the year with EPM for Ultra Battery Technology for Stationary Industrial Applications viz., integration of a lead acid battery with an Ultra Capacitor and with Smart Storage Pty Ltd (ECoult, Australia), a hundred percent subsidiary of EPM, for technology cooperation and joint marketing agreement for testing and study of energy storage solutions centered on Ultra Battery Technology and indigenisation of Storage Blocks. On 19 May 2017, Exide Industries entered into a settlement agreement with US based Exide Technologies, USA whereby the US company shall forever waive any right or claim to the ownership and/or use of EXIDE mark in India. On 4 January 2018, Exide Industries announced the launch of a new range of automotive batteries in the Indian market branded Epiq. The battery comes with a 6-year warranty - the highest in the Indian market. While the Epiq will be manufactured in Exide's cutting edge factories across the country, it will be sold exclusively through its national network of 1,500 premium Exide Care outlets. In 2018, the company entered into technical collaboration with Moura, Brazil. During the year, the company also entered into technical collaboration with Furukawa, Japan for Ultra Battery (Auto). The Company had 8 subsidiaries and 2 associate companies as on March 31, 2022. During the year under 2021-22, Company floated one wholly-owned subsidiary company viz. Exide Energy Solutions Limited (EESL), to set up a new Li-ion cell manufacturing facility in India. It divested the entire equity shareholding in Exide Life Insurance Company Limited (ELI), erstwhile a material wholly-owned subsidiary of the Company, by way of sale to HDFC Life Insurance Company Limited, for an aggregate consideration of Rs. 6,687 crore. Hence, Exide Life Insurance Company Limited ceased to be a subsidiary of Company w.e.f January 01, 2022. Greenyana, one of the associate companies, was formed to procure energy from captive solar power plants to be set up in the state of Haryana. The r Company sold entire equity shareholding in Greenyana in favour of the holding company of Greenyana for a consideration of Rs 5.25 Crore. Hence, it ceased to be an associate company w.e.f. December 30, 2021. During the year 2021-22, Company invested around Rs. 85 crore in Nexcharge to meet its funding requirements, thereby increasing its stake to 84.90%. In FY 2021-22, the Company introduced first lithium-ion based home power back-up system branded as Exide Integra. Several new models, including Maruti Suzuki's new Baleno, Hyundai's Alcazar and MG Motor's Astor were introduced using Exide batteries. Also, with the assistance of Brazilian collaborators, Moura Batteries, it introduced the first M3 level compatible EFB' battery for use in Volkswagen and Skoda's most strictly emission-controlled cars. For the first time, EPM started sourcing significant quantities of car batteries from the Company for sale in United States. Its SF division, working with Furukawa Battery Company, introduced a series of Intermediate Start Stop (ISS)' batteries both in the OEM and trade market. In 2023, the Company relaunched popular inverters including, Magic, Star and GQP, featuring innovative technology for enhanced power backup. Exide NXT+ launched in FY 2022-23 ensured seamless power supply for critical needs. It launched Exide SUNDAY Rooftop Solar Solutions (RTSS), offering 5-year comprehensive warranty. It launched traction batteries with advanced technologies, which have 50% extra life-cycle and warrantied life of 3 years. It commissioned AGM VRLA batteries for passenger vehicles. 400 KWH lead-acid storage system was installed and commissioned in Kolkata city for a micro-grid duty cycle. During 2022-23, Chloride Power Systems & Solutions Limited (CPSSL), the erstwhile wholly owned subsidiary, merged with Company effective on 29th March 2023. The Company acquired Rs 57 crore in the equity share capital of Chloride Metals Limited (CML) for setting up a greenfield project at SUPA, Maharashtra. On 4th November 2022, Nexcharge bought back the entire paid-up and issued equity shares held by 'Leclanche S.A.', which therefore became a wholly owned subsidiary of the Company and as a result, the name of the Company was changed from Exide Leclanche Energy Private Limited to Exide Energy Private Limited w.e.f. 4th January 2023.

Managing Director

Subir Chakraborty

Founded

1947

NSE Symbol

EXIDEIND

Exide Industries Ltd Management

NameDesignation
R B RahejaVice Chairman & Non executive
Mona N DesaiNon-Exec. & Independent Dir.
Subir ChakrabortyManaging Director & CEO
Bharat ShahChairman & Independent Directo
Jitendra KumarCompany Sec. & Compli. Officer
Arun MittalDirector (Automotive)
Surin Shailesh KapadiaNon-Exec. & Independent Dir.
Avik Kumar RoyDirector (Industrial)
A K MukherjeeDirector (Finance) & CFO
Sridhar GorthiIndependent Director

Exide Industries Ltd News

Exide Energy Solutions signs MoU with Hyundai Motors
Partnership for battery cells for Hyundai EVs in India
Volumes jump at Exide Industries Ltd counter
Exide Industries Ltd witnessed volume of 538.68 lakh shares by 14:14 IST on NSE, a 25.04 times surge over two-week average daily volume of 21.51 lakh shares
Exide Industries Ltd soars 14.99%, up for third straight session
Exide Industries Ltd is quoting at Rs 370.1, up 14.99% on the day as on 12:49 IST on the NSE. The stock is up 103.97% in last one year as compared to a 28.67% gain in NIFTY and a 74.95% gain in the Nifty Auto index.
Exide Industries Ltd leads gainers in 'A' group
Info Edge (India) Ltd, Voltas Ltd, Paisalo Digital Ltd and Aster DM Healthcare Ltd are among the other gainers in the BSE's 'A' group today, 08 April 2024.
Exide Industries announces board meeting date
On 30 April 2024
Exide Industries further invests Rs 34.99 cr in Exide Energy Solutions
Exide Inds gains after investing Rs 40 cr in subsidiary via right issue
Exide Industries added 2.30% to Rs 329.10 after the battery manufacturer has invested Rs 39.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL) through a rights issue.
Exide Industries invests Rs 29.99 cr in subsidiary - Exide Energy Solutions
Exide Inds Q3 PAT rises 8% YoY to Rs 240 cr
The battery manufacturer reported 7.65% increase in standalone net profit to Rs 240.27 crore in Q3 FY24 as compared to Rs 223.19 crore recorded in Q3 FY23.
Exide Industries consolidated net profit rises 0.82% in the December 2023 quarter
Sales rise 12.47% to Rs 3979.83 crore

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
BOSCHLTD₹ 88,036 Cr
₹ 29,849.40
(0.18 %)
52.29
MOTHERSON₹ 81,689 Cr
₹ 120.55
(1.30 %)
124.28
TIINDIA₹ 68,192 Cr
₹ 3,525.95
(-1.17 %)
89.69
UNOMINDA₹ 41,488 Cr
₹ 722.75
(-0.59 %)
79.84
SONACOMS₹ 39,878 Cr
₹ 680.00
(4.34 %)
78.69

Exide Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Exide Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Exide Industries Ltd's share price is ₹398.15 as of April 12, 2024

Exide Industries Ltd's P/E ratio is 37.41 times as of April 12, 2024.

Exide Industries Ltd's most recent financial reports indicate a price-to-book ratio of 2.60, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Exide Industries Ltd's market is 32,623 Cr as on April 12, 2024.

The current financial records of Exide Industries Ltd show a 6.95% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Exide Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Exide Industries Ltd's 52-week high and low as of April 12, 2024 are ₹403 and ₹380.5 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Exide Industries Ltd stands at 45.99%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 12.81% to 12.94%.