Ad
Ad
Exide Industries share price surges by 3.15%, hitting ₹453.15. Explore the reasons behind this rise, expert recommendations, and future target prices in this detailed analysis.
Ad
Ad
A well-known brand in the Indian battery manufacturing industry, Exide Industries Ltd., has proven to be resilient in the face of market difficulties. Despite a recent decline in profitability, the company's strategic presence in automotive and industrial batteries, together with its diverse product portfolio, have helped it preserve strong foundations.
Due to its more than 100% year-to-date returns, Exide Industries has drawn interest from both institutional and individual investors. Despite sporadic volatility, this strong performance highlights the company's potential for expansion.
The 3.15% jump in Exide Industries’ share price, opening at ₹453.15 and fluctuating between ₹449.05 and ₹456.55, can be attributed to the following:
Analyst Projections
Short-Term vs Long-Term Targets
Buy Recommendations
Analysts from firms like Nomura advocate a “Buy” rating, citing strong growth prospects and margin recovery.
Sell Recommendations
Some caution against long-term volatility, recommending short-term trading opportunities instead.
Risk Factors for Investors
Commodity Price Fluctuations: Rising raw material costs could affect profit margins.
Regulatory Changes: Shifts in government policies might impact the battery sector.
Market Competition: Emerging players in the battery manufacturing space could disrupt market dynamics.
The 3.15% increase in Exide Industries' share price demonstrates fresh hope. While the company has promise, investors must balance short-term rewards with potential risks. Keeping up with market trends and professional analysis will be critical for making wise investing selections in Exide Industries' shares.
BATTRIXX Showcased Revolutionary High Voltage Packs at Bharat Mobility Expo 2024
BATTRIXX transforms electric mobility with pioneering high voltage packs, including liquid-cooled agriculture battery, showcased at Bharat Mobility Expo 2024.
06-Feb-2024 12:48 PM
Read Full NewsBATTRIXX Showcased Revolutionary High Voltage Packs at Bharat Mobility Expo 2024
BATTRIXX transforms electric mobility with pioneering high voltage packs, including liquid-cooled agriculture battery, showcased at Bharat Mobility Expo 2024.
06-Feb-2024 12:48 PM
Read Full NewsElectric Mobility: noco-noco and Greenfuel's Breakthrough Collaboration
Explore the game-changing collaboration between noco-noco and Greenfuel, driving the future of green and sustainable electric mobility.
16-Jan-2024 06:00 PM
Read Full NewsElectric Mobility: noco-noco and Greenfuel's Breakthrough Collaboration
Explore the game-changing collaboration between noco-noco and Greenfuel, driving the future of green and sustainable electric mobility.
16-Jan-2024 06:00 PM
Read Full NewsToyota Revolution: Solid-State Battery EVs Set to Hit Global Roads in a Few Years
Toyota's game-changing EVs with solid-state batteries promise rapid charging, 1,200 km range—ushering in a green automotive revolution globally.
11-Jan-2024 06:35 PM
Read Full NewsToyota Revolution: Solid-State Battery EVs Set to Hit Global Roads in a Few Years
Toyota's game-changing EVs with solid-state batteries promise rapid charging, 1,200 km range—ushering in a green automotive revolution globally.
11-Jan-2024 06:35 PM
Read Full NewsKinetic Green to get into battery making as part of its INR 10,000 cr co by '29 strategy
Discover the future of sustainable transportation with Kinetic Green's INR 10,000 crore battery making venture by '29 strategy.
12-Dec-2023 10:43 AM
Read Full NewsKinetic Green to get into battery making as part of its INR 10,000 cr co by '29 strategy
Discover the future of sustainable transportation with Kinetic Green's INR 10,000 crore battery making venture by '29 strategy.
12-Dec-2023 10:43 AM
Read Full NewsBattery Swapping Policy can make Big and Small Players Clash
Explore the conflicts arising from the Battery Swapping Policy that pits big and small players against each other
09-Dec-2023 01:33 PM
Read Full NewsBattery Swapping Policy can make Big and Small Players Clash
Explore the conflicts arising from the Battery Swapping Policy that pits big and small players against each other
09-Dec-2023 01:33 PM
Read Full NewsLithium battery demand to soar in India as EV adoption accelerates
Lithium battery demand surges in India as EV adoption gains momentum. Get ready for the electric revolution!
10-Oct-2023 11:03 AM
Read Full NewsLithium battery demand to soar in India as EV adoption accelerates
Lithium battery demand surges in India as EV adoption gains momentum. Get ready for the electric revolution!
10-Oct-2023 11:03 AM
Read Full NewsAd
Ad