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Shree Dhanraksha Securities

12th Apr 2025 · SEBI-Registered Analyst

Automotive & EV Batteries

EXIDEIND
Breakout Performance: Consistent stock surges to new highs in April, driven by strategic partnerships and robust financials. Growth Drivers: Signed a non-binding MOU with Hyundai and Kia to explore strategic cooperation in India's EV market, enhancing its position in the EV battery segment. Long-Term Potential: As the EV market expands, Exide's early moves into battery technology position it for significant growth.

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