Exide Industries boasts net cash, so it’s fair to say it does not have a heavy debt load, even if it does have very significant liabilities, in total. In addition to that, we’re happy to report that Exide Industries has boosted its EBIT by 34%, thus reducing the spectre of future debt repayments.
https://www.youtube.com/watch?v=64US9v_J8JQ
Which is better Amara Raja or Exide?
As per the market capitalization of the battery companies in India, Exide Industries is a bigger company. Amara Raja Batteries look slightly more attractive in terms of PE ratio. From the point of view of ROCE & ROE as well, Amara Raja Batteries scores better. Virtually, both companies are debt free.
Is Exide Battery a good buy?
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 good for long term?
Exide has been a very strong stock for quite a while, good long term. It had a bit of a dip yesterday but it is picking up again today. That is fairly typical of it. It is good long term investment stock.
“Underperformance of Exide Industries can be mainly attributed to market share loss in the automotive OEM segment (Amara Raja Batteries added two new accounts in the two-wheeler OEM segment), the automotive replacement segment (Amara Raja Batteries reported double-digit volume growth in this segment versus single-digit
Why is amaron better than Exide?
Amaron suggests going with 9.8 volts cranking voltage or higher. Exide also manufactures car batteries with high CCA and RC, and thus, falls under the best car battery in the India category.
Is amaron and Amara Raja same?
The Amara Raja Group is known for its automotive battery brand Amaron, the second largest selling automotive battery brand in India after Exide Industries. Amara Raja Group employs a workforce of more than 15216 employees.
Is Exide an Indian company?
Exide Industries Limited is an Indian multinational storage battery manufacturer and life insurance company, headquartered in Kolkata. It is the largest manufacturer of automotive and industrial lead-acid batteries in India and fourth largest in the world.
What is the future of Exide battery?
India’s largest automotive battery maker, Exide Industries, has decided to set up a multi-gigawatt lithium-ion cell manufacturing plant. It also plans to apply for the Ministry of Heavy Industries’ production-linked incentive scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’.
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 | 81824477 | 9.63% |
Is Exide Industries in debt?
What Is Exide Industries’s Debt? The image below, which you can click on for greater detail, shows that at September 2021 Exide Industries had debt of ₹3.32b, up from ₹1.23b in one year. However, it does have ₹19.2b in cash offsetting this, leading to net cash of ₹15.8b.
Is Tata Power a good buy?
“Tata power shares have been trading on four month high levels. The company has reported a strong Q3 earnings. Technically, the stock’s chart structure looks strong. Investors can look to buy Tata Power shares with targets of ₹255 -270 and stop loss of ₹219,” said Anuj Gupta, Vice President at IIFL Securities.
What is Amara Raja Batteries falling?
Amara Raja Batteries on Thursday said its consolidated net profit declined 25.25 per cent to Rs 145.30 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 193.69 crore in the corresponding quarter of the previous fiscal.
Is Exide manufacturing lithium ion battery?
Battery maker Exide Industries on Tuesday announced its foray into lithium-ion (Li-ion) cell manufacturing and said it will set up a multi-gigawatt plant for it.
Yes Securities has buy call on Exide Industries with a target price of Rs 198. The current market price of Exide Industries Ltd. is Rs 181.75. Time period given by analyst is Intra Day when Exide Industries Ltd.
Is Exide a good brand?
The brand is great at making premium products that are easily differentiated from their normal ones. So, to answer the question, yes, Exide Premium batteries are very good. They have a high power output, better cranking power, and are durable than ever.
Who makes Exide battery?
Exide Technologies
Most automotive batteries made in America are manufactured by one of two companies: Johnson Controls, Inc. or Exide Technologies.
What to Look for in a Battery.
| Brand | Manufacturer |
|---|---|
| Marathon | Exide |
| Motorcraft | Johnson Controls |
| NAPA | Exide |
| Optima | Johnson Controls |
Where is amaron battery made?
Our fully integrated world-class manufacturing facility is situated in the holy city of Tirupati, in Andhra Pradesh, India. Amaron batteries incorporate the latest technological advances in the field of captive power and are on par with batteries manufactured and marketed anywhere in the world.
Is Amaron AGM battery?
Amaron Pro Rider Sealed Agm Batteries, Warranty: 48 Months.
Is Amaron listed?
The Company’s equity shares are listed on the BSE Limited (Scrip Code : 500008) and National Stock Exchange of India Limited (Symbol : AMARAJABAT).
Is Amaron a PowerZone battery?
PowerZone batteries inherit the credibility, technological superiority and high standards of customer satisfaction owing to its lineage of brand Amaron. Started in the year 2007, PowerZone was initiated to cater to the rural market that was dominated by the unorganized sector.
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