Exide Share Price Target 2024, 2025, 2030, 2040, 2050
It is an Indian company which makes batteries for different equipment. It is well known in India as it is an Indian company.
It also supplies its products to different industries where batteries are required on their products like the car industry, the bike industry and so on.
What is Exide Industries Ltd NSE: EXIDEIND?
Contents
- 1 What is Exide Industries Ltd NSE: EXIDEIND?
- 2 Exide share price Target 2024
- 3 Exide share price Target 2025
- 4 Exide share price Target 2030
- 5 Exide share price Target 2040
- 6 Exide share price Target 2050
- 7 Should I Buy Exide Stock?
- 8 Exide Industries Ltd Earning Results
- 9 Is Exide Stock Good to Buy? (Bull Case & Bear Case)
- 10 Conclusion
- 11 FAQs
Exide Industries Limited is an Indian company that makes and sells various lead-acid batteries. Their products include car batteries, home UPS, industrial batteries, UPS batteries, inverter batteries, solar power batteries, rickshaw batteries, and submarine batteries.
Exide’s products are used in vehicles, UPS systems, and inverters, by car and equipment manufacturers. This company also supply its products to institutions, government and non-government organizations, the Indian Navy, and export dealers.
It is a top battery company in India, that makes batteries for cars, and industries. These days most of the equipment is run by batteries whether it is petrol or electronic vehicles. Most of their money comes from car batteries, but as they are doing well their industrial batteries are also doing well. Demand for their industrial batteries is growing fast in power, solar, railways, telecom, and UPS. The company expects this growth to continue, which will increase its revenue.
| Year | Minimum Price | Maximum Price |
| 2024 | 424 | 650 |
In the industrial segment, Exide’s customer base is growing each year. Big companies like Hitachi, BHEL, Tata, NTPC and many branded companies use Exide batteries. Exide keeps developing products to meet customer needs, which helps them attract new customers and strengthen their customer base. In the automotive segment, they make batteries for 4-wheelers, 3-wheelers, and 2-wheelers, attracting many big companies as customers.
| Year | Minimum Price | Maximum Price |
| 2025 | 500 | 840 |
More and more people are starting to want electric vehicles and clean energy, so the demand for lithium-ion batteries, which are a big part of these technologies, is going up too. Exide Industries is working quickly to develop these batteries because of this demand. They’re preparing to collaborate with a Chinese company called Svolt Energy to learn about new technologies. This should help them get stronger in this business in the future.
| Year | Minimum Price | Maximum Price |
| 2030 | 1200 | 1500 |
Because more and more batteries are needed in cars and factories, Exide Industries is working hard to make more batteries. Right now, they have 9 factories in India making batteries for different industries. In the future, the demand for batteries will grow a lot. So, Exide’s bosses are planning to build more factories in different places across India. This will help them make enough batteries and grow their business. They’re getting ready to spend a lot of money on this plan.
| Year | Minimum Price | Maximum Price |
| 2040 | 1540 | 1900 |
In the future, Exide Industries plans to grow its business in India and other countries worldwide to increase its overall growth. Recently, the company has partnered with several foreign companies to expand into international markets. Going forward, the management is focused on acquiring other companies to expand quickly worldwide. As Exide Industries expands into new markets, its business growth is expected to increase.
| Year | Minimum Price | Maximum Price |
| 2050 | 3200 | 3900 |
| 2040 | 1540 | 1900 |
| 2030 | 1200 | 1500 |
| 2025 | 500 | 840 |
| 2024 | 424 | 650 |
Should I Buy Exide Stock?
It is an Indian company and since it is listed on NSE. It always goes in an upward direction. This is the most trustable and famous company in India as well as globally. The fundamental of this company looks very good, financial status is very healthy. There is very little debt and huge profit. These days batteries are required in many products, and the demand for its product can be seen in its price chart in 2024 year on NSE. So for the long term, you can take risks with this stock with strict risk management.
Exide Industries Ltd Earning Results
Quarterly – Exide Industries Q4 Results
*All figures in crores except per share values
| Fiscal Period | Mar 24 | Dec 22 | QoQ Comp | Mar 23 | YoY Comp |
| Total Revenue | 4,172.90 | 3,538.50 | 4.85% | 3,676.76 | 13.49% |
| Selling/ General/ Admin Expenses Total | 297.78 | 246.91 | 1.37% | 251.46 | 18.42% |
| Depreciation/ Amortization | 141.83 | 126.83 | -1.98% | 130.98 | 8.28% |
| Other Operating Expenses Total | 675.45 | 502.27 | 15.53% | 509.63 | 32.54% |
| Total Operating Expense | 3,866.76 | 3,267.14 | 4.72% | 3,436.24 | 12.53% |
| Operating Income | 306.14 | 271.36 | 6.60% | 240.52 | 27.28% |
| Net Income Before Taxes | 280.62 | 275.69 | -0.01% | 256.07 | 9.59% |
| Net Income | 184.74 | 198.61 | -7.74% | 180.12 | 2.56% |
| Diluted Normalized EPS | 2.17 | 2.34 | -8.05% | 2.12 | 2.41% |
Is Exide Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- People are aware of air pollution and electric vehicles and adopt clean energy solutions. They’re focusing on making more lithium-ion batteries, which are crucial for these technologies.
- Exide wants to grow in other countries, which could bring in more money. Working with companies like Svolt Energy shows they’re serious about competing worldwide.
- By buying other companies, Exide could grow faster and become a bigger player in the battery market. This might attract investors looking for growth.
Bear Case:
- Many companies make batteries, so Exide faces tough competition. This could mean lower prices and less profit for them.
- If fewer people buy electric cars or use clean energy, Exide’s sales could drop. Their success depends a lot on how popular these technologies become.
- Risks in Expanding: Moving into new countries and buying other companies can be risky. Problems like cultural differences or new laws could hurt their business.
Conclusion
We have explained to you different year price targets. Whether Exide Industries stock is a good buy depends on how well it can take advantage of the increasing demand for electric vehicles and clean energy. In 2024 the company’s share price goes to the highest level. And we know that it is a very old company, fundamentally this company is very strong so you can take a chance on this stock.
