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2026-10-28 03:41:29 pm | Source: Accord Fintech
Exide Industries soars on investing around Rs 150 crore in EESL
Exide Industries soars on investing around Rs 150 crore in EESL

Exide Industries is currently trading at Rs. 352.90, up by 14.20 points or 4.19% from its previous closing of Rs. 338.70 on the BSE.

The scrip opened at Rs. 341.20 and has touched a high and low of Rs. 359.25 and Rs. 338.70 respectively. So far 272154 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 496.00 on 11-Aug-2026 and a 52 week low of Rs. 286.85 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 359.25 and Rs. 329.45 respectively. The current market cap of the company is Rs. 29945.50 crore.

The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 30.77% and 23.24% respectively.

Exide Industries has invested around Rs 150 crore by way of subscription in the equity share capital in its wholly owned subsidiary, Exide Energy Solutions (EESL), on rights basis. With this investment, the total investment made by the company in EESL stands to Rs 5,352.23 crore.

The equity investment in EESL on a rights basis is intended to meet its various funding requirements for the greenfield plant in Bengaluru for the manufacture and sale of lithium-ion battery cells, modules, and packs. With the current investment, EIL shareholding m EESL remains unchanged at 100%.

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