Exide Industries Limited (EIL) is a leader in storage battery business with a market share of 60% in India. Its segment includes automotive and industrial lead - acid batteries. Q1FY21 revenue de-grew by -44%YoY led by subdued Auto production impacting OEM Volume. However strong pend up demand from the aftermarket sales offset further decline. EBITDA margin contracted by 560bps as the benefit of the lower lead price was overshadowed by loss of production....