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Is Exide a good investment?
Investing.com — Battery maker Exide Industries (NS: EXID ) numbers for the third quarter of FY2021, ended December 2020, came out strong. The company’s net profit more than doubled to Rs 239.87 crore for Q3 FY21 from Rs 118.15 in the corresponding quarter in FY20.
Is Exide making batteries for electric vehicles?
KOLKATA: Storage battery leader Exide Industries is keen to set up the first lithium ion battery cell manufacturing facility in India called Advance Cell Chemistry Project or ACC. One GWh (1,000-megawatt hour) of battery capacity is sufficient to power one million homes for an hour and around 30,000 electric cars.
Which company provides battery used in electric cars?
Lithium-ion cells are considered the heart of electric vehicles (EVs). Currently, most electric vehicle Manufacturers import cells and batteries from China, the world’s top producer of lithium-ion cells….2. Amara Raja Batteries.
| Name | Mr. Jayadev Galla |
|---|---|
| Website | https://www.amararaja.com/companies/amararaja-batteries-ltd |
Is Exide stock undervalued?
The stock is currently trading at ₹223.6 on the share market, which means it is overvalued by 83\% compared to my intrinsic value of ₹122.12. This is because the stock is less volatile than the wider market given its low beta.
Who is the largest manufacturer of lithium batteries in India?
Waaree Energy Storage System:
- Waaree Energy Storage System is both India’s largest vertically integrated solar power company and a well-known battery manufacturer.
- Euclion Energy, which was started in 2000, has grown to become one of India’s major Lithium Battery providers.
Who is promoter of Exide Industries?
presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Exide Industries Ltd. | ||
|---|---|---|
| Holder’s Name | No of Shares | \% Share Holding |
| NoOfShares | 850000000 | 100\% |
| Promoters | 0 | 0\% |
| ForeignInstitutions | 82823245 | 9.74\% |
Is exexide Industries a good stock to invest in?
Exide Industries is the largest manufacturer of automotive and industrial lead-acid batteries in India and the fourth-largest in the world. This stock trade at very attractive levels and the current CMP is Just Rs182. This stock is good for investment at these levels for long-term purposes.
Is the Exide share a good buy for 10 years?
Is the Exide share a good buy for 10 years? This billion dollar startup is changing the way people retire. This Princeton grad’s startup raised $110 million. Its free tool can help you retire comfortably. Source of Image:- Google… Yes, It is good to buy an Exide battery for a period of 10 years but the next 5 years are best for Exide battery.
Why is the exexide share price falling?
Exide’s share price fell more than the industry index because of its high dependence on the OEM segment in cars and two-wheelers. Auto sales have also been impacted by rise in costs due to the implementation of BS VI norms.
Is it good to buy an Exide battery for 10 years?
Yes, It is good to buy an Exide battery for a period of 10 years but the next 5 years are best for Exide battery. Exide battery:- Exide Industries Limited is an Indian storage battery producing company and a life insurance company headquartered in Kolkata, India.
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