388.4500 -0.40 (-0.10%)
NSE Jun 27, 2025 15:31 PM
Volume: 2.1M
 

388.45
-0.10%
IDBI Capital
EBITDA margin was 21bps ahead of our forecast at 13.7% (+67bps YoY, +134bps QoQ) indicating price hikes were more than offset higher raw material costs. EBITDA at Rs3.4 bn (+31.1% YoY, 19.6% QoQ) was 6.0% ahead of our estimate. We raise our revenues and margin estimates slightly for FY19/20 to account for slightly higher volume growth and fall in lead prices. However, given the recent run-up in the stock price, we downgrade the stock to an Accumulate. Key Highlights and Investment Rationale EBITDA margins improve: EBITDA margin improved 67bps YoY and 134bps QoQ to...
Exide Industries Ltd. has an average target of 451.60 from 5 brokers.
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