Exide Gains 2% on Strong Q1 Print

Exide Industries surged 2.09% to Rs454.00 on Tuesday morning, demonstrating early bullish momentum in the Nifty Midcap150. The spike reflects strong market buying following robust Q1 FY27 earnings Operations remain strong. Consolidated Q1 revenue jumped 16.7% sequentially to Rs5,528 crore, while net profit surged 61.6% to Rs350.7 crore, driven by operating leverage and double-digit segment growth.