Home Batteries Amara Raja Batteries Ltd soars 0.72%, gains for fifth straight session

Amara Raja Batteries Ltd soars 0.72%, gains for fifth straight session

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Amara Raja Batteries Ltd is quoting at Rs 716.9, up 0.72% on the day as on 12:49 IST on the NSE. The stock is up 10.87% in last one year as compared to a 1.61% jump in NIFTY and a 7.51% jump in the Nifty Auto.

Amara Raja Batteries Ltd is up for a fifth straight session today. The stock is quoting at Rs 716.9, up 0.72% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11124.2. The Sensex is at 37780.8, up 0.25%. Amara Raja Batteries Ltd has gained around 0.67% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has gained around 4.08% in last one month and is currently quoting at 7353.95, up 1.5% on the day. The volume in the stock stood at 3.62 lakh shares today, compared to the daily average of 10.48 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 720.05, up 0.71% on the day. Amara Raja Batteries Ltd is up 10.87% in last one year as compared to a 1.61% jump in NIFTY and a 7.51% jump in the Nifty Auto index.

The PE of the stock is 18.76 based on TTM earnings ending March 20.

Source : business-standard
Anand Gupta Editor - EQ Int'l Media Network
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