Exide Industries' stock is currently trading at Rs. 518.05, reflecting an increase of 6.10 points or 1.19% from its previous close of Rs. 511.95 on the BSE.

The stock opened at Rs. 515.00, reaching a high of Rs. 520.50 and a low of Rs. 510.15. A total of 48,000 shares have been traded so far.

The BSE 'A' group stock, with a face value of Rs. 1, hit its 52-week high of Rs. 620.00 on June 25, 2024, and a low of Rs. 241.60 on October 26, 2023. Over the last week, the stock's high and low were Rs. 528.45 and Rs. 474.00, respectively. The company's current market capitalization stands at Rs. 43,515.75 crore.

Exide Industries' promoters hold 45.99% of the company, while institutions and non-institutions hold 31.61% and 22.40%, respectively.

Exide Industries has invested Rs. 99.99 crore in its wholly owned subsidiary, Exide Energy Solutions (EESL), by subscribing to equity shares on a rights basis. This brings the total investment in EESL to Rs. 2,852.24 crore, with no change in Exide’s 100% ownership in EESL.

EESL is developing a new plant in Bengaluru for manufacturing lithium-ion battery cells, modules, and packs. The equity investment is aimed at funding this greenfield project and fulfilling other financial needs.

Exide Industries, founded in January 1947 as Associated Battery Makers, initially acquired assets from the Chloride Electric Storage Company for manufacturing, buying, and selling electrical and chemical products.