379.2500 -5.05 (-1.31%)
NSE Aug 01, 2025 15:31 PM
Volume: 2.0M
 

379.25
-1.31%
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. is trading above its 150 day SMA of 377.2
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