994.2000 23.70 (2.44%)
NSE Mar 18, 2025 12:44 PM
Volume: 343.3K
 

994.20
2.44%
IDBI Capital
Amara Raja's Q2FY22 result was a mixed bag as its sales was ahead of our estimate while EBITDA was lower than our forecast. Amara Raja's sales increased by 17% YoY to Rs22 bn as automotive and industrial sales rebounded. However, sharp increase in prices of raw material (lead) led to sharp contraction in margins. Its EBITDA declined by 21% YoY to Rs2,689 mn; EBITDA margins fell by 570 bps YoY and 138 bps QoQ to 11.9%....
Amara Raja Energy & .. has an average target of 1599.17 from 6 brokers.
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