Exide Industries surges on inking pact with ExCom GmbH
Exide Industries is currently trading at Rs. 417.35, up by 8.20 points or 2.00% from its previous closing of Rs. 409.15 on the BSE.
The scrip opened at Rs. 408.30 and has touched a high and low of Rs. 419.55 and Rs. 407.75 respectively. So far 63051 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. 423.95 and Rs. 405.55 respectively. The current market cap of the company is Rs. 35457.75 crore.
The promoters holding in the company stood at 45.99%, while Institutions and Non-Institutions held 29.92% and 24.09% respectively.
Exide Industries and ExCom Energy Solutions GmbH (ExCom GmbH), Germany, have entered into a long-term strategic cooperation agreement for the industrial battery and energy storage systems across the European Economic Area (EEA). Products offered under this cooperation will be marketed and sold under the ExCom brand.
The agreement, signed on September 15, 2026, establishes a close commercial and technical collaboration between the two companies. The cooperation will cover the EEA market. ExCom GmbH will act as the central commercial and technical interface for customers in the region, leading customer development, distribution, technical project support, and after-sales coordination. The partnership will initially focus on traction and motive-power battery solutions serving material-handling equipment, logistics operations, and other industrial mobility applications, as well as stationery battery systems for industrial, infrastructure and energy storage applications.
By combining the company’s extensive manufacturing capabilities, broad technology portfolio, and decades of expertise in industrial battery solutions with ExCom GmbH's market presence, application engineering capabilities, and local customer support, infrastructure, the collaboration aims to deliver enhanced value to customers across the EEA. The cooperation is designed to provide customers with a comprehensive portfolio of solutions encompassing battery systems, charging technologies, system integration, application engineering, and lifecycle services. Products and solutions will be tailored to meet the specific technical, regulatory, and operational requirements of customers throughout the EEA.
