It would not be an exaggeration to state that Exide Industries is the country’s largest battery-maker, straddling three key verticals — original equipment (OE) automotive, replacement market and the industrial segment. It rules the OE market with close to 70% share and holds around 40% share in the replacement market. It produced 27 million auto batteries in FY14 and 1,771 mAh of industrial batteries.
My Best Pick 2015
Kim Eng Securities' Jigar Shah thinks Exide will will gain the most from a resurgent automotive business
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