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Exide Industries Q1 Results Review - Maintain Add; Lithium-Ion Battery Ramp-Up A Key Ahead: Yes Securities

While Exide's lithium-ion battery business is expected to grow over three-five years, the recent valuation expansion do factor in decent capacity utilization of LIB vertical, says the brokerage.

<div class="paragraphs"><p>Exide Industries' Kolkata headquarters. (Source: Company)</p></div>
Exide Industries' Kolkata headquarters. (Source: Company)
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