Exide Industries recharges with lower-priced batteries - lithium ion battery cost

Analysts say the company has regained most of its market share of its loss to Amara rajexed industries, and is rapidly taking back its share of the market lost to agile and charging --
Rival Amara Raja Batteries have seen enviable growth over the past few years.
To regain its dominance, Exide has shifted its focus to lower
Analysts said the pricing model targeted unorganized markets and lowered the price difference with Amara Raja.
With these factors in mind, analysts are now bullish on Kolkata-
After many years of support for Amara Raja, the headquarters is located in Exide.
"According to our channel inspection, with the help of after-sales service improvement, Exide has recovered most of its market share lost in the field of car replacement
Sales services, closing the price gap with Amara Raja through technical upgrades, such as the use of punch grid technology, financial support to dealers and the appeal of the Dynex brand for lower value areas, HDFC Securities said in a report on Wednesday.
Exide refuses to invest in capacity enhancement, so in FY10-
While fulfilling its commitment to the original equipment manufacturer (oem), the company had to abandon the surge in demand for replacement markets.
Amara Raja, its main rival, stepped in and occupied a much higher-margin market.
In contrast, the increase in the number of OEM supplies did not increase profitability to a large extent because of the meager profits.
Competition for Exide is growing
Pricing brands such as Dynex and SF Sonic have a shorter warranty period.
"We expect the proportion of unorganized players to fall from 42% to 30% by fiscal 22," the report said . ".
Investment Securities also mentioned in its report the growth of Exide in market share, which made the company's valuation look attractive and discounted with Amara Raja.
With operating profit or Ebitda (earnings before interest, tax, depreciation and amortization) up 34% year on year to RS 338, the profit margin exceeded the expected 13.
7%, an increase of 1. 33% on quarter.
Despite high profit margins and optimistic outlook, there are still some challenges, such as the decline in lithium content
The cost of ion batteries is high, the capital expenditure requirements are high, the life insurance business is sluggish, and the loss is 9 rupees.
Profit before tax is 17 rupees
The profit level for the previous fiscal year was Rs 7.
Fyour of 69 10 million.