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Exide Industries moves up as its arm signs agreement to purchase solar energy

13 Sep 2023 Evaluate

Exide Industries is currently trading at Rs. 267.20, up by 0.65 points or 0.24% from its previous closing of Rs. 266.55 on the BSE.

The scrip opened at Rs. 268.55 and has touched a high and low of Rs. 269.85 and Rs. 263.65 respectively. So far 134874 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 280.00 on 12-Sep-2023 and a 52 week low of Rs. 152.75 on 26-Sep-2022.

Last one week high and low of the scrip stood at Rs. 280.00 and Rs. 263.65 respectively. The current market cap of the company is Rs. 22512.25 crore.

The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 32.64% and 21.37% respectively.

Exide Industries’ material wholly owned subsidiary -- Chloride Metals (CML) has entered into ' Share Subscription and Shareholders' agreement' on September 12, 2023 (SSSHA) with Cleantech Solar India OA 2 Pte (Cleantech) and Zillica Renewables (Zillica/SPV), subsidiary of Cleantech for purchase of solar energy from the captive power plant to be set up by the SPV. As a result of above, CML has agreed to subscribe equity shares comprising upto 26.33% of the issued and paid up share capital of Zillica.

Exide Industries was incorporated in January 1947 as Associated Battery Makers to purchase all or any of the assets of the business of manufacturers, buyers and sellers of and dealers in and repairers of electrical and chemical appliances and goods carried on by the Chloride Electric Storage Company.

Exide Inds Share Price

330.05 -1.40 (-0.42%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Exide Inds 330.05
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HBL Engineering 786.60
Eveready Inds. India 302.45
Indo-National 326.15
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