Company updateMoneycontrol
Motilal Oswal keeps Exide Neutral with Rs 381 target
Neutral0
GreyOak summary
The broker noted Exide's 2QFY27 PAT of INR3.9 billion, beating estimates, driven by a 20.3% revenue growth in the lead-acid business. However, the firm remains cautious regarding long-term returns from the lithium-ion segment.
What it affects
- Exide IndustriesEXIDEINDNeutral 0
Reported strong revenue growth but cautious on lithium-ion.Rolling sentiment Positive +23
Source
Read the original at MoneycontrolMore Exide Industries news
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