Exide Industries shares drop to 5-month low as analysts cut target price post Q2 results

Exide Industries shares drop to 5-month low as analysts cut target price post Q2 results

Stock Market Today: Extending their weak performance to the second consecutive day following the Q2 results announcement, shares of Exide Industries, a leader in energy storage and management solutions, fell by another 2.5% in today’s trading, reaching a five-month low of ₹434 per share. This decline brings the total cumulative drop in two days to … Read more

Exide Industries EV battery pact is positive, but not without challenges

Exide Industries EV battery pact is positive, but not without challenges

Exide Industries Ltd stock fired up this week, rising 20%, following the announcement on Monday of a memorandum of understanding (MoU) with Hyundai Motor Co. and Kia Corp. for supply of batteries. The agreement, which entails the supply of batteries for electric vehicles (EVs) to be manufactured by the two automakers, highlights a significant step … Read more