OICHARTS
8 AMThe 8 AM report →
EnergyAutomobilesMedium impactPre-market

Exide invests ₹450 crore in EV battery subsidiary

pre-market1 source ↓written by the desknot a recommendation

into its electric
₹450 crore
the allotment
11.25 crore shares
each
₹40
total commitment
₹4,802 crore
capacity
6 GWh

Exide Industries has infused ₹450 crore into its electric vehicle battery arm, Exide Energy Solutions Ltd, as its Bengaluru gigafactory nears commissioning. This investment, through the allotment of 11.25 crore shares at ₹40 each, raises Exide's total commitment to ₹4,802 crore. The funds will support final preparations for commercial production set for FY26.

The gigafactory will initially have a 6 GWh capacity, focusing on high-performance NMC cells and LFP chemistry for mass-market EVs. Despite the investment, EESL reported a loss of ₹209 crore in FY25, highlighting immediate financial challenges.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Mar 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

EXIDEIND closed −2.0% on the day of the news, from ₹307.15 to ₹300.85; Nifty −2.1% over the same session; futures OI +1.9%.

Bulletin at 07:06 IST on 27 Mar 2026. Every change is measured from ₹307.15, the last close before it, on 25 Mar. Nifty 50 is measured over the same sessions.

  • EXIDEIND close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
EXIDEIND closes around the bulletin against the close before the news, with Nifty 50 rebased to it270.29307.15344.01axis spans 27%before the news · 25 Mar307.15Nifty 50EXIDEINDbulletinD0+1+3+519 Mar2 Apr15 AprFutures open interest, lotspeak 17,000Reference close ₹307.15. 16 sessions from 19 Mar to 15 Apr; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Mar₹307.15basebase
On the day27 Mar₹300.85▼ −2.0%▼ −2.1%0.0 pp difference
+1 session30 Mar₹287.90▼ −6.3%▼ −4.2%−2.1 pp difference
+3 sessions2 Apr₹299.25▼ −2.6%▼ −2.5%0.0 pp difference
+5 sessions7 Apr₹297.25▼ −3.2%▼ −0.8%−2.4 pp difference
Gap at the open, % · ₹
0.0%0.00 on 27 Mar
Day's range, % · ₹
3.0%≈ 9.1 high to low
Volume on the day
1.12×the 20-session average
Futures OI on the day
▲ +1.9%+320 lots · short build-up · price −2.0%
Futures OI open, lots
17,00027 Mar · 30 Mar expiry
Futures premium, ₹
−0.40−0.1% to spot
Puts per call, by OI
0.62from 0.68 the session before
Max pain
330from 330 the session before

Source NSE UDiFF bhavcopy · EXIDEIND on the desk →

Thread · EXIDEINDAll EXIDEIND bulletins →

Related