Exide Industries Ltd
NSE:EXIDEIND
EXIDEIND's latest stock split occurred on Sep 8, 2006
The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.
The adjusted shares began trading on Sep 8, 2006. This was EXIDEIND's 2nd stock split, following the previous one in Jul 3, 2003.
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Exide Industries Ltd
Glance View
Exide Industries Ltd., a formidable entity in the energy storage solutions sector, has carved a niche that speaks volumes of its resilient legacy and innovation-driven approach. Rooted in its origins dating back to 1947, the company has transformed from a traditional lead-acid battery manufacturer into a diversified power solutions provider. Known primarily for its automotive batteries, Exide serves both the vehicular market—catering to every spectrum, from two-wheelers to heavy-duty trucks—and the industrial segment, powering critical sectors such as telecommunications, railways, renewable energy, and uninterrupted power supplies. Leveraging a well-established distribution network, Exide ensures nationwide reach and service, maintaining a formidable presence across urban and rural landscapes. Exide's business model is robustly underpinned by its commitment to technological advancement and sustainability. Continuous investment in research and development is evidenced by their state-of-the-art facilities fostering innovations like advanced maintenance-free batteries and eco-friendly manufacturing processes. Supplementing its core operations, Exide extends its revenue streams beyond battery sales through comprehensive after-sales services, including battery maintenance, warranty services, and recycling programs. This cyclical approach not only enhances customer loyalty but also aligns with global shifts towards sustainable and environmentally friendly business practices. As it deftly navigates the challenges and opportunities in the rapidly evolving energy landscape, Exide Industries remains a compelling player dedicated to powering life with reliability and innovation.
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