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Trades about 7% below its sector, cheaper than its peers on earnings.
High Energy Batteries (India) Limited engages in the design, development, manufacture, and sale of batteries for army, navy, air force, and launch vehicles in India and internationally. It operates through two segments: Aerospace, Naval and Power System Batteries; and Lead Acid Batteries. The company offers aircraft, torpedo, missile, and helicopter batteries for defense applications; auto batteries, such as car and truck batteries; VRLA batteries; and other batteries. It also provides silver zinc, nickel cadmium, and silver chloride magnesium batteries; and commercial batteries for auto and standby VRLA applications. High Energy Batteries (India) Limited was incorporated in 1961 and is based in Chennai, India.
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