After 17% surge, book profit or hold Exide; don’t rush in to buy: Sanjiv Bhasin
Sanjiv Bhasin prefers Exide for its early technology lead in lithium-ion as well as ICE batteries. The Exide stock surged after Hyundai and Kia announced partnership for EV battery localisation in India . Exide's advantage over Amara Raja is due to its strong market position as well as early tech disclosures.
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