Bengaluru, Sept. 26 -- India's battery industry is entering a transformative phase as electric vehicle adoption accelerates, and traditional players are pivoting toward lithium-ion technology. Exide Industries, a leader in lead-acid batteries, announced today a significant equity investment in its EV-focused subsidiary, Exide Energy Solutions Limited, signaling its intent to scale in the lithium-ion segment.

Investors are watching closely as the stock reacts to these developments, with market enthusiasm reflecting optimism about Exide's potential role in powering India's EV future.

About the Company Exide Industries Limited, a leading manufacturer of lead-acid batteries in India, commands a market cap of Rs. 33,718 crore. The stock open...