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
Replacement demand, lower lead costs are positives for Exide and Amara Raja
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
Solving battery-related conundrums is the focus of hundreds of companies and thousands of scientists all over the world
Amara Raja and Exide Industries' operating profit margins could fall only a bit on increase in lead prices