TheScreener - Exide Industries Ltd. (EXIDEIND) EXIDE INDUSTRIES sees an upgrade to Slightly Positive due to a better fundamental star rating

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EXIDE INDUSTRIES sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of EXIDE INDUSTRIES (IN), a company active in the Auto Parts industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 31, 2021, the closing price was INR 168.35 and its potential was estimated at INR 191.68.

01/01/2022 6 EN

Underlying

Exide Industries Ltd.

Exide Industries is engaged in the design, manufacture and sale of automotive batteries, industrial batteries and submarine batteries. Co. supplies batteries to almost all the car and two-wheeler manufacturers in the country. Co. designs and manufactures its industrial batteries in a range from 2.5 Ah to 20,600 Ah in conventional flooded and Valve Regulated Lead Acid (VRLA) design. Industrial batteries are of three types, Conventional lead acid batteries, Valve regulated lead acid batteries and Nickel-Cadmium batteries. Co. manufactures high-end submarine batteries (Type 1, 2 & 3). Two to three submarine batteries are manufactured a year to meet the country's defence requirements.

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INE302A01020 National Stock Exchange of India India

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TheScreener

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EXIDE INDUSTRIES sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

MOSL: EXIDE: All-round beat powered by strong revenue growth

Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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