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    HomeNewsBusinessCompaniesExide Industries gains on tie-up with Shin-Kobe Electric

    Exide Industries gains on tie-up with Shin-Kobe Electric

    Batteries supplier Exide Industries gained as much as 1.6 percent intraday on Tuesday on technical tie-up with Japan-Based company.

    February 05, 2013 / 15:37 IST

    Batteries supplier Exide Industries gained as much as 1.6 percent intraday on Tuesday on technical tie-up with Japan-Based company.

    Exide entered into an additional technical license and assistance agreement with Shin-Kobe Electric Machinery Company (a part of Hitachi Group), to implement new manufacturing processes for automotive batteries.
     
    At 15:27 hours IST, shares rose 0.78 percent to Rs 122.50 on Bombay Stock Exchange.

    Market capitalisation of the company currently stands at Rs 10,412.50 crore.

    first published: Feb 5, 2013 03:37 pm

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