Exide share price: Nomura India said the battery maker is ahead of most peers in terms of investment in plants, technology partnership (SVOLT) and customer approvals (MOU with Hyundai/Kia).
Exide Industries surged 13 percent to hit a record high of ₹363.35 after South Korean auto giants Hyundai Motor Company and Kia Corporation announced a partnership with Exide Energy Solutions Ltd, a subsidiary of Exide Industries for electric vehicle battery localisation in India.