398.0000 4.00 (1.02%)
NSE Aug 29, 2025 11:48 AM
Volume: 615.0K
 

398.00
1.02%
IDBI Capital
Exide reported weaker than expected results for Q3FY19. Its net revenue was 6.3% below our estimates. Even EBITDA and net profit were 8.1% and 14.2% below our forecast. Net revenue grew by 9.6% on YoY basis to Rs 25 bn. Automotive, motorcycle, inverter and industrial batteries showed good volume growth. EBITDA margin improved by 29bps QoQ to 12.5% mainly on fall in prices of key raw material, lead. However, net...
Exide Industries Ltd. has an average target of 453.80 from 5 brokers.
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