Sharekhan by has buy call on with a target price of Rs 756. The current market price of Amara Raja Batteries Ltd. is Rs 646.95.
Amara Raja Batteries, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 11069.50 Crore) operating in Auto Ancillaries sector.
Amara Raja Batteries key Products/Revenue Segments include Batteries (Storage), UPS/Uninterruptible Power Supply Systems, Sale of services, Export Incentives and Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 2724.44 Crore, up 3.30 % from last quarter Total Income of Rs 2637.52 Crore and up 18.94 % from last year same quarter Total Income of Rs 2290.59 Crore. Company has reported net profit after tax of Rs 201.22 Crore in latest quarter.
The company’s top management includes Mr.Jayadev Galla,…
Amara Raja Batteries stocks: Buy Amara Raja Batteries, target price Rs 756: Sharekhan by BNP Paribas
