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Exide has surged 80% but still not overvalued? Sudip Bandyopadhyay explains why

Exide has surged  80% but still not overvalued? Sudip Bandyopadhyay explains why

Transition from IC to electric vehicle is giving a significant opportunity to the battery manufacturers. And remember, in IC, the battery used to be one component, whereas in EV that is going to be the most important component. The opportunity size for the battery manufacturer in the automobile ecosystem is going up many-many fold, says Sudip Bandyopadhyay

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