Exide Industries (Exide) the bellwether of Indian Automotive and Industrial Battery manufacturing industry is well poised to take advantage of the blooming replacement market demand within automotive, telecom and inverter batteries. The company is consistently gaining market share on the auto replacement side of the business through exit of various unorganized players during pandemic. With the replacement nature of the product, battery volumes are expected to surge in the near to mid- term, for which the company has already ramped up its capacities recently. On the OEM side of the business, the company with more than 60% market share has gained single source vendor position with various best selling new models. On the industrial side of the business, the...