BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch upgrades Amara Raja to buy
Expect earnings per share increase of 15 per cent and 26 per cent in FY16 and FY17. Market share gains will be driven by new capacity. Valuations will likely re-rate. Price hike is the next catalyst for the stock.