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Exide Industries gains on hiking battery prices from February

04 Mar 2014 Evaluate

Exide Industries is currently trading at Rs. 113.55, up by 2.05 points or 1.84% from its previous closing of Rs. 111.50 on the BSE.

The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 113.60 and Rs. 109.00 respectively. So far 59686 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 143.30 on 17-May-2013 and a 52 week low of Rs. 99.05 on 27-Jan-2014.

Last one week high and low of the scrip stood at Rs. 113.60 and Rs. 108.00 respectively. The current market cap of the company is Rs. 9579.50 crore.

The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 33.36% and 20.64% respectively.

In a bid to offset rising lead costs, Exide Industries has hiked battery prices by 3-4% from February this year.

The company has hiked battery prices by 8-9% since December 2013. However, earlier in November 2013, the company cut battery prices by 2-5%.

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.

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
Amara Raja Energy 778.45
HBL Engineering 786.60
Eveready Inds. India 302.45
Indo-National 326.15
View more..

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