Amara Raja Batteries Ltd
AMARAJABAT

890.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

888.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

893.15

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Buy
Reco. Price
Rs 889.00
We recommend BUY on the stock on account of higher replacement demand and lower raw material costs. Also expansion plans of the company will be a key trigger for its future growth. We target stock to trade at a P/E of 19x in FY19E. (Target Price: Rs.998)
Detailed View
50 DMA (.)
865.42
100 DMA (.)
881.64
200 DMA (.)
920.62
Weekly Range (.)
864.05
893.90
Monthly Range (.)
848.90
915.10
52 Weeks Range (.)
820.00
1,079.70
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