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May 24, 2012, 07.00 PM IST
Shares in Exide Industries rose 2.5% after the company raised prices for automotive batteries
Analyst says price hike was largely beneficial for Exide as it sources 50% of its lead supplies from captive smelters which give it 10%-12% pricing advantage.
This brings savings from general cost pass through to the customers, he said.
May 20 2013, 23:30
- in World News
May 20 2013, 12:21
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