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Sneha M Vasudeo

25th Jul · SEBI-Registered Analyst

Exide Industries Ltd. is India's largest storage battery manufacturer !!

EXIDEIND
. offers a comprehensive range of automotive and industrial batteries. With 9 manufacturing plants and a strong global presence, Exide provides energy storage solutions across multiple industries. Exide Industries (Nse) has an operating revenue of Rs. 17,995.35 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 7% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 21% from 50DMA and 200DMA. Exide Industries Ltd. is a leader in the Indian storage battery industry, catering to automotive, industrial, and submarine applications. The company operates 9 advanced manufacturing plants across India, producing a wide range of batteries, including lead-acid, lithium-ion, and VRLA batteries. Exide's products are integral to various sectors, including automotive, power, telecom, and renewable energy. With a strong R&D focus, Exide continuously innovates to deliver reliable and sustainable energy storage solutions. The company also has a significant presence in global markets, reinforcing its position as a trusted provider of high-quality batteries and power solutions worldwide. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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