Page 14 - Battery Makers

IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares

The bank invoked pledge on 56,83,320 shares forming 7.82 per cent of paid-up equity share capital of Eveready Industries

Exide Industries reports Q1 net loss of Rs 13.56 cr due to Covid-19 crisis

The company had posted a net profit of Rs 161.58 crore in the corresponding quarter a year ago

Battery maker Amara Raja to go ahead with Rs 350 crore capex on production

Company says it saw demand picking up in May and has managed coronavirus crisis well.

Battery industry to see upsurge in replacement market in near future

Marginal growth is expected in the lead acid battery (LAB) segment, driven by the upsurge in aftermarket demand for replacement of old and discharged batteries

Battery firms better placed as medium-term outlook looks attractive

Replacement demand, lower lead costs are positives for Exide and Amara Raja

Exide forays into commercial electronic vehicles space, launches e-rickshaw

In the next six months, Exide will be coming up with a lithium-ion variant of the same e-rickshaw which will be priced higher than the existing one

Inside the race to build the battery of tomorrow: Who's ahead of whom

Solving battery-related conundrums is the focus of hundreds of companies and thousands of scientists all over the world

Temporary blip for Exide, Amara Raja

Amara Raja and Exide Industries' operating profit margins could fall only a bit on increase in lead prices