F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
support@thetaxheaven.com
F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comExide Industries Ltd is one of India’s most established battery manufacturers, with a strong presence across automotive batteries, industrial energy storage solutions, and emerging lithium-ion technologies. With the rapid growth of electric vehicles (EVs), renewable energy storage demand, and industrial backup power needs, Exide Industries is strategically positioned to benefit from India’s long-term energy transition.
In this article, we analyze Exide Industries Ltd share price targets from 2026 to 2030, based on its current market data, business fundamentals, sector growth outlook, and long-term investment potential.
| Detail | Value |
|---|---|
| Open | ₹363.00 |
| Previous Close | ₹363.80 |
| Day’s High | ₹363.70 |
| Day’s Low | ₹357.50 |
| VWAP | ₹359.59 |
| Volume | 6,87,872 |
| Value (Lacs) | 2,473.24 |
| Market Capitalization | ₹30,562 Cr |
| 52-Week High | ₹456.55 |
| 52-Week Low | ₹328.00 |
| All-Time High | ₹620.35 |
| All-Time Low | ₹1.93 |
| UC Limit | ₹400.15 |
| LC Limit | ₹327.45 |
| Face Value | ₹1 |
| Book Value Per Share | ₹163.69 |
| Dividend Yield | 0.56% |
| 20D Avg Volume | 15,27,431 |
| 20D Avg Delivery (%) | 52.98% |
| Investor Type | Holding (%) |
|---|---|
| Promoters | 45.99% |
| Retail & Others | 24.66% |
| Foreign Institutions | 10.88% |
| Mutual Funds | 9.77% |
| Other Domestic Institutions | 8.70% |
The shareholding pattern reflects strong promoter confidence and healthy institutional participation, indicating long-term belief in Exide’s growth strategy.
Exide Industries Ltd operates across multiple segments of the energy storage value chain, including:
Automotive lead-acid batteries
Industrial batteries (telecom, power, railways)
Home UPS and inverter solutions
Lithium-ion battery manufacturing for EVs and energy storage
The company is actively investing in advanced battery technologies and EV-focused solutions, aligning itself with India’s clean mobility and renewable energy goals.
Market leadership in automotive and industrial batteries
Strong distribution network across India
Growing focus on lithium-ion and EV battery segment
Stable cash flows and consistent dividend history
Strong brand trust built over decades
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 430 | 480 |
| 2027 | 500 | 560 |
| 2028 | 580 | 650 |
| 2029 | 660 | 750 |
| 2030 | 780 | 900 |
These projections factor in EV battery expansion, rising industrial demand, margin improvement, and long-term energy storage growth.
By 2026, Exide is expected to benefit from steady growth in automotive batteries and increasing industrial demand.
Growth Drivers
Stable demand from automobile replacement market
Rising industrial and infrastructure battery usage
Initial benefits from lithium-ion investments
Investment View: Suitable for medium-term investors seeking steady growth.
2027 may reflect stronger profitability as EV and energy storage initiatives gain traction.
Growth Drivers
Expansion in EV battery manufacturing
Improved operating margins
Strong aftermarket demand
Investment View: Positive outlook for long-term investors.
By 2028, Exide’s diversification into advanced battery solutions could significantly enhance valuation.
Growth Drivers
Higher contribution from lithium-ion batteries
Increased renewable energy storage demand
Operational efficiencies through scale
Investment View: Attractive for long-term portfolio allocation.
As India’s EV adoption accelerates, Exide could emerge as a key domestic battery supplier.
Growth Drivers
Growth in EV ecosystem
Strong OEM partnerships
Export opportunities
Investment View: Favors investors seeking compounding returns.
By 2030, Exide Industries may be positioned as a major energy storage solutions company in India.
Growth Drivers
Large-scale EV penetration
Dominance in energy storage solutions
Improved return ratios and cash flows
Investment View: Ideal for long-term wealth creation.
Strong legacy brand with market leadership
Exposure to EV and renewable energy themes
Healthy balance sheet and book value support
Consistent dividend payments
Competition from global battery manufacturers
Technological disruption in battery chemistry
Raw material price volatility
Exide Industries Ltd represents a solid long-term investment opportunity backed by strong fundamentals, leadership in conventional batteries, and strategic positioning in EV and energy storage technologies. With India’s growing focus on electric mobility and renewable energy, Exide’s business model aligns well with future demand trends.
Based on current growth assumptions, Exide Industries share price could range between ₹780 and ₹900 by 2030, making it a promising stock for long-term investors seeking stability with growth potential.
It is trading around ₹360–₹365 as per latest market data.
The expected range is ₹430 – ₹480.
Yes, due to its strong fundamentals and EV-focused growth strategy.
The projected range is ₹780 – ₹900.
EV adoption, battery technology advancements, raw material costs, and overall automobile sector growth.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making any investment decisions.
Register & Login