Four EV battery stocks with strong future roadmap
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Exide Industries reported a net profit of ₹350.7 crore for Q1 FY27, up from ₹274.2 crore last year.
- ✓The company is investing heavily in lithium-ion technology through its new Bengaluru gigafactory.
- ✓Management said, "Exide is building a genuinely Indian advanced chemistry cell platform," as they prepare for future growth.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
- Reading Speed
- 9 Minute(s)
- Market Focus
- India Economy
In this editorial, we examine four listed companies with significant battery-related ambitions and clearly defined roadmaps. Their businesses span EV batteries, advanced battery technologies, and key materials used in battery manufacturing.
This is not a stock recommendation.
Exide Industries Ltd
Exide Industries is one of India's largest battery companies, with more than seven decades of operating history. Its core business remains lead-acid storage batteries, but it’s now investing heavily in lithium-ion technology, creating a second growth platform.
Exide Energy Solutions, a wholly owned subsidiary, is engaged in lithium-ion cells, modules and battery packs, with applications across electric vehicles and stationary energy storage.
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