Exide Industries Jumps 0.78% After Strategic ₹100 Crore Subsidiary Investment

Power play: Exide Industries surges on major capital injection.

Strategic Moves

The battery giant just dropped ₹100 crore into a subsidiary—because nothing says confidence like parking nine figures in your own backyard. Markets responded with an immediate 0.78% bump, proving that sometimes the old-school move still gets the job done.

Market Reaction

Investors clearly liked what they saw—because who doesn't love watching corporate money move between different pockets of the same suit? The uptick suggests that traditional manufacturing still knows how to play the capital allocation game, even if it's not as flashy as some crypto yields.

Bottom Line

Another day, another corporate investment that makes accountants nod approvingly while the rest of us wonder if this is just financial theater or actual strategic genius. Either way, it's working—for now.

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Trading activity showed mixed sentiment with the stock opening higher at ₹399.50 and touching a day’s high of ₹399.80 before retreating. The scrip has recorded a traded volume of 15.06 lakh shares worth ₹59.81 crore by afternoon, with deliverable quantity at 50.48 per cent.

EESL, incorporated in March 2022, is establishing a greenfield manufacturing plant in Bengaluru for lithium-ion battery cells, modules and packs targeting India’s electric vehicle market. The subsidiary reported a turnover of ₹116.89 crore but posted a loss of ₹209.12 crore for FY2025.

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The fresh capital infusion aims to fund the Bengaluru facility and meet operational requirements as Exide expands its presence in the growing EV battery segment. The stock trades significantly below its 52-week high of ₹534.40 achieved in October 2024, with current market capitalization at ₹33,885 crore.

Published on August 21, 2025