EXIDEIND

Exide Industries Ltd. hit a fresh 52‑week high of ₹433 today (July 17, 2026)

Exide Industries Ltd. hit a fresh 52‑week high of ₹433 today (July 17, 2026), supported by strong Q4 FY26 results and a major ₹100 crore investment into its lithium‑ion cell manufacturing arm, Exide Energy Solutions Ltd. (EESL). The stock has rallied over 51% in the past year, outpacing the broader market. 📊 Latest Financial Results (Q4 FY26) Revenue: ₹4,735.13 crore (+9.22% YoY) Operating Profit: ₹350.12 crore (+24.91% YoY) Net Profit (PAT): ₹215.25 crore (+15.19% YoY) Operating Margin: 7.39% (up from 6.46% YoY) Diluted EPS: ₹2.53 (+14.96% YoY) Stock Price (July 16 close): ₹421.50 on BSE, ₹421.30 on NSE 🚀 Stock Performance & Technicals 52‑Week Range: ₹286.85 → ₹433.00 1‑Year Gain: +51.1% vs Sensex decline of ‑5.48% Today’s Intraday High: ₹433 (+2.83%) Momentum Indicators: Trading above all major moving averages (5‑day to 200‑day). MACD: Bullish on weekly & monthly charts. RSI: Neutral (not overbought). Bollinger Bands: Bullish, showing price expansion. OBV: Bullish monthly, supporting volume strength. 🔋 Strategic Investment in EV Batteries ₹100 crore infused into Exide Energy Solutions Ltd. (EESL) via rights issue. Total investment in EESL: ₹4,902.23 crore (100% ownership retained). Purpose: Funding multi‑gigawatt lithium‑ion cell manufacturing facility in Bengaluru. EESL FY26 performance: Turnover ₹157.56 crore, net loss ₹248.16 crore (reflecting early‑stage investments). Board has approved up to ₹1,400 crore additional funding for the EV battery project. ⚠️ Risks & Considerations Commodity price volatility (lead, sulfur) may pressure margins. Execution risk in timely commissioning of the Bengaluru Li‑ion plant. Competition: Amara Raja and new EV entrants could challenge market share. Subsidiary losses: EESL is still loss‑making, requiring sustained capital infusion.