🔋High Energy Batteries (India) Ltd:
A Micro-cap powering the Nation’s Defense and Mobility with Cutting-Edge Battery Solutions
✍Company’s historical background:
🔹Established in 1979 for manufacturing 45Ah Silver Oxide Zinc batteries for MIG Aircraft.
🔹In 1981, expanded into missile battery systems in collaboration with DRDL, supplying batteries for PRITHVI, AGNI, and BrahMos.
🔹In 2009, diversified into Lead Acid Batteries for Auto and VRLA for Standby Applications in the consumer market.
✍About the company:
🔹Company is engaged in the business of manufacturing Hi-Tech batteries for use in Army, Navy, Airforce and Launch Vehicles and also commercial batteries for Auto and Standby VRLA applications and also exports products to various countries.
✍Market Share:
🔹Co is the sole supplier of silver-zinc batteries to the Indian Navy defense and holds a market share between 65% and 70%.
✍Products Portfolio:
🔹Co manufactures Aircraft Batteries, Torpedo Batteries, Missiles, and Helicopter Batteries.
