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Below est.; Benefit of mix more than offset by operating deleverage
* Weak Auto OEM and telecom segment hurts performance: 2QFY20 net sales declined ~4% YoY to ~INR26..
Amara Raja Batteries Ltd and Exide Industries Ltd did well in the September quarter, with margins rising on the back of lower lead prices. Also, robust replacement ma..
Exide Industries Ltd’s earnings resilience in the September quarter amid a slowdown in the auto sector has gone down well with investors. Shares of the country&rsqu..
Battery manufacturers face a double whammy – falling sales and a 30% rise in lead prices in three months – which pose risks to the companies’ profit..
Exide Industries Ltd, the country's largest stored energy solutions provider, announced its entry into India's burgeoning e-rickshaw market by launching its first..
Capex cut + better working capital = Strong cash flows, reiterate LONG
We recently interacted with the EXID management over FY19 AGM. The most important takeaway was a..
Replacement, Industrial segment to drive growth
We interacted with EXID’s management on the side lines of AGM. The management elaborated how EXID would like to p..
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In-line; Muted topline, RM cost savings boost margins
* Automotive segment..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Macron to farmers: France stood firm on EU farm budget
Centre pays ₹50,850 crore to farmers under PM-KISAN scheme
Twitter bans Republican video, Donald Trump Jr fumes (Lead) (15:04)
Shopify joins Facebook's Libra cryptocurrency project
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