Exide Share Price Target : Are you thinking of investing in Exide shares? Want to know its future price target? In this guide, we will discuss Exide share price target for the year 2024, 2025, 2026, 2027. Along with this, we will do a complete fundamental analysis to help you make the right decision.
The domestic lead storage battery industry is estimated at around Rs. 70 billion and comprises two main segments: Automotive and Industrial batteries. Storage batteries are basically used as a secondary source of power in vehicles and industrial applications.
Automotive batteries account for 60% of the total market while industrial batteries contribute the rest. The Automobile storage battery industry can be broadly subdivided into two sub-segments: the Original Equipment (OEM) and Retail or Replacement markets. The OEM market is dominated largely by brands such as Exide, Amaron, Prestolite (Tudor), AMCO.
The growth in the OE segment has been buoyant in the recent years due to strong demand pull from the automotive segment. However, the segment provides a low margin which is a cause of concern. The problem of low margins is further being compounded by increase in global lead prices.
Most of the players work on an annual fixed price contracts, whereas some players have a periodical Lead escalation clause built in the contracts. Unlike the automotive batteries, industrial batteries have a wide range of usage.
| Fundamentals | Exide |
|---|---|
| Market Cap | ₹40.252 Cr |
| 52 Week High | 620.35 |
| 52 Week Low | 241.70 |
| NSE Symbol | EXIDEIND |
| ROE | 6.80% |
| P/E Ratio | 46.02 |
| EPS | 10.29 |
| P/B Ratio | 3.12 |
| Dividend Yield | 0.42% |
| Industry P/E | 42.71 |
| Book Value | 151.60 |
| Debt to Equity | 0.09 |
| Stock Face Value | 1 |
Exide Share Price Target 2024
The share price of Exide may Ups & Down. According to our analysis levels, the minimum price of Exide share in 2024 can be ₹490 and the maximum price can be ₹525.
| Exide Industries Target | 2024 |
|---|---|
| October | ₹490 |
| November | ₹510 |
| December | ₹525 |
Also Read: Northern Arc Capital Share Price Target 2024, 2025, 2026, 2030
Exide Share Price Target 2025
The share price of Exide may Ups & Down. According to our analysis levels, the minimum price of Exide share in 2025 can be ₹520 and the maximum price can be ₹700.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹520 |
| February | ₹536 |
| March | ₹548 |
| April | ₹561 |
| May | ₹585 |
| June | ₹598 |
| July | ₹611 |
| August | ₹628 |
| September | ₹644 |
| October | ₹659 |
| November | ₹680 |
| December | ₹700 |
Also Read: IRFC Share Price Target 2024, 2025 ,2030, 2040 to 2050
Exide Share Price Target 2030
The share price of Exide may Ups & Down. According to our analysis levels, the minimum price of Exide share in 2030 can be ₹1,000 and the maximum price can be ₹2,000.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹1000 |
| December | ₹1200 |
Also Read: Arkade Developers Share Price Target 2024, 2025, 2026, 2030
Exide Share Price Target 2040
The share price of Exide may Ups & Down. According to our analysis levels, the minimum price of Exide share in 2040 can be ₹1,500 and the maximum price can be ₹1,900.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹1500 |
| December | ₹1900 |
Also Read: Ola Electric Share Price Target 2024, 2025, 2027, 2030 to 2040
Exide Share Price Target 2050
The share price of Exide may Ups & Down. According to our analysis levels, the minimum price of Exide share in 2050 can be ₹2,500 and the maximum price can be ₹3,200.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹2500 |
| December | ₹3200 |
Also Read: Vedanta Share Price Target 2024, 2025, 2027, 2030, 2035, 2040
Exide Shareholding Pattern
| Promoters | 45.99% |
|---|---|
| Retail & Others | 22.39% |
| DII | 5.72% |
| FII | 13.74% |
| Mutual Funds | 12.15% |
The Exide Financial Information
Exide Financial Reports
| Sector | Year (2023) |
|---|---|
| Revenue | 3,863 Cr. |
| Expense | 3,542 Cr. |
| Profit Before Tax | 320.84 Cr. |
| Net Profit | 240.27 Cr. |
How To Buy Exide Share?
To buy Exide shares, you can easily buy shares of Exide by using the trading platform of many stock brokers.
The names of most trading platforms for buying Exide shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
(Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.)
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