Exide Industries Faces Short-Term Decline Amid Broader Market Weakness

Exide Industries, a prominent player in the battery industry, experienced a decline of 3.1% on April 4, 2025, marking a notable shift after five consecutive days of gains. The stock reached an intraday low of Rs 360.1, reflecting a drop of 3.41%. Despite this downturn, Exide's performance over the past month has been relatively strong, with a 4.54% increase compared to the Sensex's 3.13% rise.
In the broader market context, the Sensex faced a significant decline, dropping 846.04 points to settle at 75,314.05, a decrease of 1.29%. This bearish trend is underscored by the Sensex trading below its 50-day moving average, which is also positioned below the 200-day moving average.

Examining Exide's performance metrics, the stock has shown resilience over the past year, with a 13.19% increase, significantly outperforming the Sensex's 1.41% gain. However, year-to-date figures indicate a decline of 13.23% for Exide, contrasting with the Sensex's decrease of 3.67%. Over a longer horizon, Exide Industries has demonstrated substantial growth, with a remarkable 127.64% increase over three years and 180.75% over five years.