External broker reports(aggregated public sources), Geojit BNP Paribas

Geojit

Geojit BNP Paribas is a leading Indian investment services company with a strong presence in the Gulf Cooperation Council countries. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>Exide Industries Limited (EIL) is a leader in storage battery business with a market share of 60% in India. Its segment includes automotive &amp; industrial batteries and holds 86% market share in the 2W space. Q1FY22 revenue grew by 61% YoY primarily due to lower base and strong growth from the Aftermarket &amp; UPS segment. As a result, EBITDA margin expanded by 90bps YoY.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Exide Industries Limited (EIL) is a leader in storage battery business with a market share of 60% in India. Its segment includes automotive &amp; industrial batteries and holds 86% market share in the 2W space. Q1FY22 revenue grew by 61% YoY primarily due to lower base and strong growth from the Aftermarket &amp; UPS segment. As a result, EBITDA margin expanded by 90bps YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Exide Industries: Superior Product Mix and Cost Optimization