Exide Industries Shows Strong Short-Term Performance Amid Broader Market Gains

Exide Industries, a prominent player in the battery industry, has seen a notable increase of 3.08% in its stock price on April 28, 2025. This performance has allowed the company to outperform its sector by 2.09%. The stock reached an intraday high of Rs 383.25, reflecting a 3.44% gain during the trading session.
In terms of moving averages, Exide Industries is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. This indicates a mixed trend in its short-term performance relative to longer-term averages.

The broader market has also shown positive momentum, with the Sensex rising sharply by 1.33% after a strong opening. Mega-cap stocks are leading this upward trend, contributing to the overall market strength. Over the past month, Exide Industries has demonstrated a solid performance with a 6.02% increase, significantly outpacing the Sensex's 3.70% gain. However, the company has faced challenges over the past year, with a decline of 18.16% compared to the Sensex's 8.88% increase.