Effective July 29, 2026, Exide Industries and Nuvama Wealth will no longer be available for Futures & Options (F&O) trading on the National Stock Exchange (NSE). This move is due to stricter criteria set by SEBI, focusing on increased liquidity requirements and position limits.

Nomura has upgraded ExideInd to a 'Buy' recommendation, setting a new target price of ₹419. The upgrade is based on potential growth from automotive OEMs, replacement segments, rising electric vehicle demand, and expansion into lithium-ion technology.

Exide Industries experiences a significant increase in sulfur prices from ₹58/kg in March to ₹74/kg in April, resulting in nearly a five-fold increase year-on-year. This surge is expected to affect their US market exposure, prompting the company to consider price adjustments as part of their monitoring strategy.

Exide's Q4 revenue has surged by 9.4%, reaching Rs. 4,551 Cr. The company is on the brink of completing its 6GWh lithium-ion gigafactory, signaling a significant step forward in their operations.

Exide Industries may experience a revenue boost in the upcoming fiscal year 2024, suggesting an improvement in demand or operational performance.

Citi maintains its optimistic view on Exide Industries, predicting a price target of ₹420, despite export challenges and high commodity costs, due to robust growth in key segments and a positive industry outlook.

Exide Industries has announced a proposed dividend of INR 2 per share for the fiscal year 2026, subject to approval at the Annual General Meeting (AGM) on July 10, 2026. The AGM will be held via video conferencing. If approved, shareholders can expect the dividend payout within 30 days following the AGM.

Exide Industries demonstrates a robust 9% increase in Q4 revenue, reaching INR 45.51 billion compared to the previous year. This significant growth underscores the company's strong performance during the quarter.

Exide Industries saw a notable 23% increase in Q4 profits, reaching INR 312.4 crore, thanks to robust demand in the auto sector. Revenue expanded by 9.4%, ending at INR 4,551 crore, while profit margins remained consistent at 11.6%. The board announced a dividend of INR 2 per share for the quarter.

Exide reports a Q4 net profit of INR 312.4 crores and revenue of INR 4,551 crores, showcasing steady growth. Notably, EBITDA stands at INR 530 crores, maintaining an impressive margin of 11.6%.

Keep an eye on shares of Petronet LNG, Exide Industries, BHEL, Jindal Stainless, and L&T Finance today, as these companies are currently under the spotlight.

Investment advisor Jigar Patel from Anand Rathi suggests investing in Engineers India, Prestige Estates, and Exide Industries for potential short-term profits. Despite a robust 6% weekly rally in the Nifty 50, geopolitical tensions in West Asia and high crude prices pose potential risks to the market.

Delhi's new electric vehicle (EV) policy aims to gradually eliminate petrol vehicles, creating a prime opportunity for companies like Bajaj Auto, TVS, Mahindra, Tata Power, and Exide to capitalize on the growing EV market in Delhi. Their focus should shift towards manufacturing EVs, improving charging infrastructure, and developing advanced battery technology.