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Exide Share Price Targets for 2024-2030 – Discover Exide Industries Share Price

Exide Industries has shown steady growth in its share price, currently trading at ₹511.55 as of October 1, 2024. Analysts are optimistic, projecting a bullish outlook for the company, with Exide share price targets set at ₹559 for 2024, ₹600 for 2025, ₹650 for 2026, and ₹700 by 2030. The company’s Exide share price target 2024 reflects strong financial health, highlighted by a 15.5% increase in net profit for Q1 2024. Furthermore, Exide aims to expand export sales to 20% of total revenue. With strategic investments in lithium-ion battery production, driven by the growing demand for electric vehicles (EVs), Exide is well-positioned for continued growth. If you want to learn how to analyze this data or better, GRM IIT can help you master it. Contact us today or visit our website for more insights.


1. Exide Share Price Target for 2024-2030

YearExide Share Price Target
2024₹559
2025₹600
2026₹650
2027₹700
2028Expected to rise further
2029Growth projections continue
2030Could reach ₹700 or more

These Exide share price targets suggest a promising trajectory for Exide, with steady gains year-on-year. For investors, tracking these Exide share price targets for 2025 through 2030 can help in making strategic decisions.


2. Current Market Performance

As of October 1, 2024, Exide Industries’ share price stands at ₹511.55, reflecting a 1.79% increase. Over the past three years, Exide has delivered a staggering return of 149.36%, outperforming the Nifty 100’s return of 48.18%. This strong performance suggests that the company is in a good position to continue delivering growth.


3. Financial Highlights

In Q1 2024, Exide reported a net profit increase of 15.5%, reaching approximately ₹280 crore. This strong result shows that Exide’s business is in excellent financial shape. The company has also shown a solid annual revenue growth of 10.9%, far above its three-year CAGR of 3.11%. With a market capitalization of approximately ₹42,271 crore, Exide is a heavyweight in the battery industry.


4. Strategic Developments

Exide is focusing on expanding its production capabilities, especially in lithium-ion battery technology, through its subsidiary Exide Energy Solutions. This project aligns with the global trend toward EVs and renewable energy. The company’s goal to enhance its export sales to 20% of total revenue is another critical factor that could positively impact its Exide share price target 2026 and beyond.


5. Industry Context

The global automotive and battery manufacturing sectors are undergoing rapid change, especially with the rise of electric vehicles. Exide’s focus on lithium-ion technology and expanding its export capabilities positions the company well within this evolving market. Investors can expect Exide to benefit from these sector-wide shifts.


6. Why You Should Keep an Eye on Exide’s Stock

If you are an investor looking for long-term growth, Exide Industries’ share price target across 2024-2030 presents a promising outlook. The company is adapting to major industry trends, like the rise of electric vehicles, and is on track to boost its revenue with strategic expansions. The Exide share price target 2027 and Exide share price target 2028 demonstrate continuous upward movement, making it a potentially solid investment.


Conclusion: Exide’s Bright Future and Investment Potential

Investors should consider the consistent growth of Exide Industries and its aggressive expansion plans. With significant growth potential in the battery market, particularly for lithium-ion technology and electric vehicles, Exide could be an excellent long-term investment. The Exide share price target 2030 looks particularly promising, indicating that this stock might be worth your attention.

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