Exide Industries Ltd Share Price – NSE /  BSE

Auto Ancillaries, Small Cap

Exide Industries Ltd rose for a third straight session today. The stock is quoting at Rs 330.85, up 1.86% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24216.6. The Sensex is at 78059.78, up 1.58%. Exide Industries Ltd has added around 12.1% in last one month.

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has added around 7.76% in last one month and is currently quoting at 26084.55, up 1.62% on the day. The volume in the stock stood at 10.31 lakh shares today, compared to the daily average of 20.42 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 330.8, up 1.53% on the day. Exide Industries Ltd is down 12.24% in last one year as compared to a 3.33% gain in NIFTY and a 25.3% gain in the Nifty Auto index.

The PE of the stock is 26.05 based on TTM earnings ending December 25.

Exide Industries will hold a meeting of the Board of Directors of the Company on 4 May 2026.

Following this infusion, Exide?s total investment in EESL has increased to Rs 4,802.23 crore. The company clarified that its shareholding in the subsidiary remains unchanged at 100%.

EESL, incorporated in March 2022, is focused on manufacturing and selling lithium-ion battery cells, modules, and packs for India?s electric vehicle (EV) market as well as stationary energy storage applications. As of 31 March 2025, the company reported a net worth of Rs 2,738.06 crore and a turnover of Rs 116.89 crore, while posting a net loss of Rs 209.12 crore for the year.

The reason for investment is EESL is in the process of setting up a greenfield plant at Bengaluru for manufacturing & selling lithium-ion battery cells, modules and pack business. The equity investment in EESl on a rights basis is to fund the above greenfield project and meet its various funding requirements. With the current investment, Ell shareholding in EESL remains unchanged at 100%.

EESL allotted 11.25 crore equity shares of face value Rs 10 each at a premium of Rs 30 per share to Exide Industries on a rights basis, aggregating to Rs 450 crore. The shares were allotted on 25 March 2026.

Exide noted that the transaction qualifies as a related-party deal since EESL is its wholly owned subsidiary. However, the company stated that the investment has been carried out at arm?s length, and apart from this relationship, no promoter or group entity has any additional interest in the transaction.

Exide Industries is primarily engaged in the manufacturing of storage batteries and allied products in India.

The company?s consolidated net profit jumped 23.7% to Rs 194.01 crore in Q3 FY26, compared with Rs 156.81 crore in Q3 FY25. Revenue from operations rose 4.6% YoY to Rs 4,200.59 crore in Q3 FY26.

The counter slipped 1.77% to Rs 301.80 on the BSE.

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Exide Industries Ltd is up for a third straight session today. The stock is quoting at Rs 339.35, up 3.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. Exide Industries Ltd has slipped around 7.61% in last one month.

Meanwhile, Nifty Auto index of which Exide Industries Ltd is a constituent, has slipped around 3.85% in last one month and is currently quoting at 27500.3, up 1.02% on the day. The volume in the stock stood at 72.51 lakh shares today, compared to the daily average of 17.29 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 340.2, up 3.55% on the day. Exide Industries Ltd is down 11.82% in last one year as compared to a 8.55% jump in NIFTY and a 18.13% jump in the Nifty Auto index.

The PE of the stock is 26.3 based on TTM earnings ending December 25.

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