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Exide Industries
Exide Industries is slated to announce its 1QFY2012 results today. We expect the
company’s top line to grow strongly by 16% yoy to `1,336cr. The company’s EBITDA
margin is expected to decline by 354bp yoy to 19.3% due to a yoy increase in average
lead price. However, the bottom line is expected to post a 13% yoy increase to `187cr.
The stock rating is under review.
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