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Wednesday, April 27, 2011

Battery producing company Exide to post fourth quarter financial results

Exide Industries is about to post its financial sheets for fourth quarter.
Following are expectations from the company

8% QoQ growth in its top-line
EBITDA margins are likely to improve QoQ to 16.4% on easing of capacity
Exide has increased product prices by 5-8% effecive February 2011

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