Exide Share Price Target
Exide share price target Analysis: for year 2023 to 2050 | Where will be the Exide share price in upcoming decades, with comprehensive study of the company’s business module and fundamentals we have estimated the future Exide share price predictions from year 2023 to 2050. Exide share price will reach from Rs.257 to Rs.1211, know the reasons and growth prospects which will contribute the share price increase in this articles.
Exide Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2050
Exide Industries Business Overview
Exide Industries Limited is an Indian manufacturer of automotive and industrial batteries. The company has a history of over seven decades, back in 1947 the company is established in the name of Associated Battery Makers (Eastern) Limited. Further in 1989 the company’s name is changed to Exide Industries Limited. With rich history of trust and reliability Exide has become the market leader in the battery industry in India.
Exide Industries operates in different business segments includes automotive batteries, industrial batteries, and home UPS (Uninterruptible Power Supply) systems. For Automotive industry, company manufactures batteries for various types of vehicles like cars, two-wheelers, commercial vehicles, agriculture vehicles.
And in Industrial battery market it provides wide range of batteries used for multiple applications like telecom, power, railways, infrastructure and defense as well. At the time of Kargil war Exide has done a great contribution for our defense by running the production of batteries overnight.
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Exide Share Price Forecast
After the studying and analyzing the financial trend and company’s track record, below are the estimated targets for Exide share price for future.
Year | First Target | Second Target |
Exide Share Price Target 2023 | 257 | 265 |
Exide Share Price Target 2024 | 286 | 308 |
Exide Share Price Target 2025 | 315 | 351 |
Exide Share Price Target 2026 | 344 | 394 |
Exide Share Price Target 2027 | 373 | 437 |
Exide Share Price Target 2028 | 402 | 480 |
Exide Share Price Target 2029 | 431 | 523 |
Exide Share Price Target 2030 | 460 | 566 |
Exide Share Price Target 2035 | 605 | 781 |
Exide Share Price Target 2040 | 750 | 996 |
Exide Share Price Target 2050 | 895 | 1211 |
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Exide Share Price Target Long Term
Exide Industries Ltd, has a wide distribution network, strong brand recognition, and a diverse product portfolio. Exide Industries is considered a market leader in the battery industry in India, as it has established a strong brand reputation and customer trust over its journey of around seven decades.
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Exide Share Price Target 2023
Exide industries has one of best infrastructure and number of production units across the country. Company’s focus into research and development, innovation into development of new batteries have made the Exide’s batteries as renowned brand globally. So Exide share price target for year 2023 will be around, first target will be Rs.257 and second target Rs.265
Exide Share Price Target 2025
Before investing any company we have to study the company’s fundamentals, because if the company’s fundamentals are strong then that company will always multiply your investment. So to make the decision about Exide share price prediction 2025 year, we must do the fundamental analysis of Exide industries Limited.
- Total Market capitalization – Market capitalization of Exide Industries Limited is Rs.21106 crores.
- 52W high and low – 52W high of Exide share is Rs.252 and 52W low of Exide share is Rs.142.25, as of today 10th July 2023 the share price of the Exide Industries is Rs.251.10 which is near to 52W high.
- Exide industries share has given around 71.26% returns to its investor in last 1 year, which is brilliant profit one can make in holding.
- PE ratio – Exide’s PE ratio is 25.65 against the sector PE ratio of 40.53
- PB ratio – Exide’s PB ratio is 1.99 against the sector PB ratio of 5.21
- ROE & ROCE – ROE is 53.53% & ROCE is around 65.81%
- Dividend yield – Dividend yield is 0.81%
According to above figures we expect that Exide share price target 2025 will be, first target Rs.315 and second target will be Rs.351.
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Exide Share Price Target 2026
Exide Industries Financial trends is important factor which can impact on the share price of the Exide and we must consider the recent financial results while estimating the Exide Industries share price targets. Below table shows the last 4 quarter financial results published by Exide Industries as per Economic times.
Quarterly Results (Value in Crores) | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
Total Income | 3712.88 | 3562.16 | 3876.77 | 4051.09 | 3541.44 |
Total Growth in Income in % | 4.23 | -8.12 | -4.3 | 14.39 | 6.4 |
Total Expenses | 3436.24 | 3267.14 | 3532.22 | 3756.15 | 3307.01 |
Total Growth in Expenses in % | 5.18 | -7.5 | -5.96 | 13.58 | 8.7 |
EBIT | 276.64 | 295.02 | 344.55 | 294.94 | 234.43 |
EBIT Growth in % | -6.23 | -14.38 | 16.82 | 25.81 | -18.04 |
Profit after Tax(PAT) | 181.07 | 198.14 | 241.2 | 202.77 | 3,959.24 |
PAT % Growth | -8.62 | -17.85 | 18.95 | -94.88 | 2,120.30 |
EBIT Margin in % | 7.45 | 8.28 | 8.89 | 7.28 | 6.62 |
Net Profit Margin in % | 4.88 | 5.56 | 6.22 | 5.01 | 111.8 |
We can see that Exide’s financial performance has been almost stayed constant and company is into profitable stage for last all four quarters, besides the profit have been seen decline quarter to quarter which is important thing to notice. Based on the financial performances of the company our estimate for Exide share price target 2026 will be in the range of Rs.344 to Rs.394.
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Exide Share Price Target 2030
The increasing demand for batteries in various sectors is being driven by factors such as the growing adoption of electric vehicles, the expansion of renewable energy sources, and the increasing need for reliable power storage solutions in sectors like telecom and grid energy storage. These factors are pushing the demand for batteries and creating opportunities for battery manufacturers like Exide Industries.
As per our study we can see the target of Exide share price would be around Rs.460 to Rs.566 for year 2030.
Exide Share Price Target 2040
Exide Industries has got the benefits of governments increasing focus on clean energy and electric vehicles by expanding its production of battery technology suitable for electric vehicles. The company aims to increase its market share in the electric vehicle battery segment and actively participating in the government’s incentives and policies promoting clear energy adoption. By year 2040 the Exide share price will reach around Rs.750 to Rs.996
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Exide Share Price Target 2050
Along with the production and supply Exide Industries is also investing in research and development to develop advanced battery system to meet the growing demand for clean energy solutions in India. By aligning its strategies with the government’s initiatives, Exide Industries aims to grow its business in the clean energy and electric vehicle sectors. So for year 2050 Exide share price will reach around Rs.1211
Conclusion
A positive outlook of the company’s performance can potentially impact its share price positively in long run. Exide is into the business where strong growth potential is there, so company is into profitable segment and has created the reliable and trusted brand reputation in the market.
However, it’s important to conduct thorough research and analysis before making investment decisions.
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What will be the Exide share price target for 2024?
According to our estimated targets, Exide share price target 2024 will be as follow, first target - Rs.286 and second target Rs.308
What will be the Exide share price target for 2027?
According to our estimated targets, Exide share price target 2027 will be as follow, first target - Rs.373 and second target Rs.437
What will be the Exide share price target for 2028?
According to our estimated targets, Exide share price target 2028 will be as follow, first target - Rs.402 and second target Rs.480
What will be the Exide share price target for 2029?
According to our estimated targets, Exide share price target 2029 will be as follow, first target - Rs.431 and second target Rs.523
What will be the Exide share price target for 2035?
According to our estimated targets, Exide share price target 2035 will be as follow, first target - Rs.605 and second target Rs.781