Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
748.00
Change Change %
-15.40 -2.02%

Updated:18 Jun, 2021, 15:59 PM IST

BSE
748.00
Change Change %
-15.30 -2.00%

Updated:18 Jun, 2021, 16:00 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Anand Rathi
N/A
24-05-2021 Buy 783.75 1131.00
N/A
Open Long (1Y)
20-01-2022

Anand Rathi Maintains Buy On Amara Raja Batteries

Amara Raja’s continuous market-share gains in two wheeler original equipment makers (OEMs), sustained replacement growth and higher industrial segment growth will go a long way in building a strong position in each of its business verticals. With strong volume growth across verticals, we expect margin expansion in the next two years. We continue to be positive on the stock, with a Buy rating at a target price of Rs 1,131, Anand Rathi said in a note.

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