As per the management, the volume growth in Automotive, Motorcycle, Inverter, UPS, Telecom and Solar batteries as well as in other infrastructure segments were strong during the fourth quarter. The company is focusing on cost control and technology upgradation strategies to improve bottom-line. Lead prices have corrected ~15% from the peaks seen in end January/start of February 2018 which should aid margins in the coming quarters. We believe Exide is likely to be a key beneficiary of GST implementation in India and...