Battery maker Exide Industries, which recently has hiked prices of its automotive batteries by 5-6% to offset rising input costs, may again undergo price revision if the rupee slips below 61 level against the dollar. The Indian currency has fallen over 9.37% so far this financial year to trade near past Rs ‘59.89/ $’ after touching a low of Rs 61.20 recently.
Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. EIL is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.
| Company Name | CMP |
|---|---|
| Exide Inds | 331.75 |
| Amara Raja Energy | 767.55 |
| HBL Engineering | 780.10 |
| Eveready Inds. India | 305.25 |
| Indo-National | 328.10 |
| View more.. | |
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