Page 2 - Exide

Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee

Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said

Covid-19 impact: Exide cuts pay by 15-30% across cadres, lower staff spared

Situation will be reviewed end of Q1FY21; With no payment coming in from customers, firms has resorted to bank loans to pay salaries

Battery firms better placed as medium-term outlook looks attractive

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

Replacement sector fails to power Exide's numbers in September quarter

Firm de-risking business model but pressure on revenue likely in the near term

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

Auto slowdown, weaker-than-expected Q3 results cloud Exide's outlook

Given the slight increase in lead prices over the last month, the ability of the company to maintain margins will depend on the extent of hikes it takes

Exide forms JV with Switzerland's Leclanche, to make lithium-ion batteries

Exide is banking on its partnerships, and deals with vehicle makers for sales

Competitive pressures to increase for Exide Industries

Higher raw material costs and pricing pressures might pose risks to margin improvement