EXIDE INDUSTRIES LTD. CMP: ₹393
View: BUY (Long-Term Investor Only)
Particulars Price Buy Zone ₹380 – ₹405 Target (730 Days) ₹520 Target 2 (Aggressive) ₹600 Stop Loss (Closing Basis) ₹320 Potential Upside
Target 1: +32%
Target 2: +53%
Risk-Reward Ratio
To Target 1: 1:4
To Target 2: 1:6.5
Investment Thesis Exide remains one of India's largest battery manufacturers with a strong replacement-market franchise and extensive distribution network. automotive demand, though raw-material costs and execution of the EV transition remain important risks. determining whether Exide can move toward the higher target range.
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