NSE: ARE&M | BSE: 500008

Strong Performer, Under Radar

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1003.30 -20.05 (-1.96%)

43.51% Fall from 52W High

770.2K NSE+BSE Volume

NSE 28 Mar, 2025 3:31 PM (IST)

18,362.9

Market Cap

High in industry

1.5

Beta 1Year

Very High Volatility

Amara Raja Energy & Mobility Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ARE&M, BSE:500008 Amara Raja Energy & Mobility Ltd.

Amara Raja Energy & Mobility Ltd.

23 May 2021

1003.30

-1.96%

In line op. performance; slower price hikes to hurt margin

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

Plant fully operational now, no material impact from 4-5 days closure AMRJ's 4QFY21 operating performance was in line with our estimates as strong revenue growth led operating leverage diluted the impact of higher RM cost. Weak demand visibility and lead price inflation will impact near term performance. Its strategy to meet the upcoming challenge from new chemistries would be an important driver for the stock. We have left our FY22E/FY23E EPS estimate largely unchanged. We...

Amara Raja Energy & .. has an average target of 1512.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

26 Feb 2021

1003.30

-1.96%

Amara Raja Batteries Ltd

Sell: Amara Raja Energy & Mobili...

Target

ICICI Securities Limited

Automotive OEM production has ramped up significantly across segments over the past six months, with general near to medium term outlook remaining positive - partly on account of pent-up demand. Ensuing improved prospects for the entire channel (aftermarket revival started earlier) are set to benefit ARBL. Industrial demand has also been encouraging in the post Covid months. We expect continued traction there, with overall FY21E-23E sales CAGR at 11.2%. During Q3FY21, other expenses rose sequentially (absolute quantum as well as on percentage of...

Amara Raja Energy & .. has an average target of 1512.17 from 6 brokers.

Amara Raja Energy & Mobility Ltd.

24 Feb 2021

1003.30

-1.96%

EARNINGS UPDATE- AMARA RAJA BATTERIES 3QFY21

Buy: Amara Raja Energy & Mobili...

Recommendation Target

Chola Wealth Direct

Amara Raja Energy & Mobility Ltd. is trading above its 30 day SMA of 1002.8

Amara Raja Energy & Mobility Ltd.

14 Feb 2021

1003.30

-1.96%

Miss in operating performance, higher other income drives in line PAT

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

AMRJ's 3QFY21 operating performance was below our estimate due to revenue miss and higher staff cost. RM cost pressures continue due to lead price inflation. However, sustenance of demand momentum will dilute impact through price pass-through and operating leverage. We have largely left unchanged our FY21E/FY22E EPS estimate. We maintain Neutral with a TP of INR957 per share (20x Mar'23E EPS) as valuations fairly capture in expected growth....

Amara Raja Energy & Mobility Ltd. has gained 30.25% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

05 Nov 2020

1003.30

-1.96%

Amara Raja Batteries Ltd

Sell: Amara Raja Energy & Mobili...

Recommendation Target

ICICI Securities Limited

Healthy replacement offtake is seen leading to a favourable channel mix (as aftermarket margins are higher on account of it being a B2C business with better pricing power), thereby leading to margin trajectory at ARBL remaining broadly stable near the ~16% mark over FY22E-23E. We expect full year FY21E margins at ~15%, notwithstanding superior Q2FY21 margin performance, as incrementally higher OEM demand in H2FY21E is seen...

Geojit BNP Paribas decreased Buy price target of Amara Raja Energy & Mobility Ltd. to 1160.0 on 18 Mar, 2025.

Amara Raja Energy & Mobility Ltd.

29 Oct 2020

1003.30

-1.96%

EARNINGS UPDATE- AMARA RAJA BATTERIES 2QFY21

Amara Raja Energy & Mobili...

Chola Wealth Direct

Background: Amara Raja Batteries Limited is the technology leader and one of the largest manufacturers of leadacid batteries for both industrial and automotive applications in the Indian storage battery industry. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, the UPS sector (OEM & Replacement), Indian Railways and to the Power, Oil & Gas, among other industry segments. Amara Raja's industrial battery brands comprise PowerStack, AmaronVolt and Quanta. The Company is a leading manufacturer of...

Amara Raja Energy & Mobility Ltd. has gained 30.25% in the last 1 Year

Amara Raja Energy & Mobility Ltd.

28 Oct 2020, 12:00AM

1003.30

-1.96%

Amara Raja Batteries: Q2FY21 Result Review

Accumulate: Amara Raja Energy & Mobili...

Target

IDBI Capital

Amara Raja's Q2FY21 result was a strong beat on all fronts. Its top-line /EBITDA were 23%/45% higher than our estimates. Amara Raja's sales increased by 14.2% YoY to Rs19,355 mn led by improvement across segments. EBITDA increased 16.4% YoY to Rs3,402 mn and EBITDA margin improved 33bps YoY to 17.6%. However, sharp fall in other income and higher tax expense resulted in 8.0% YoY fall in net income to Rs2 bn. We raise our FY21 sales/ EBITDA/ net profit estimates by 7%/14%/21% to factor better than expected Q2FY21 results. We also raise our FY22 sales/ EBTIDA/ net profit estimates by 4-6% and introduce FY23E numbers. We now value the stock at a PER of...

Amara Raja Energy & Mobility Ltd. has lost -27.93% in the last 6 Months

Amara Raja Energy & Mobility Ltd.

28 Oct 2020, 12:00AM

1003.30

-1.96%

Above est.; Sharp recovery in demand across segments

Neutral: Amara Raja Energy & Mobili...

Target

Motilal Oswal

Amara Raja (AMRJ)'s 2QFY21 performance was driven by sharp demand recovery across segments post the lifting of the lockdown. 3QFY21 would see some RM cost pressure due to lead price inflation; however, sustenance of demand momentum would dilute the impact through a price passthrough and operating leverage. We upgrade our FY21/FY22E EPS estimates by 7.7%/1.3% to factor in a volume upgrade. Maintain Neutral, with TP of INR800 (18x Sep'22 EPS) as valuations fairly capture expected growth. 2QFY21 revenue/EBITDA grew by ~14%/16% YoY to ~INR19.4b/INR3.4b....

Amara Raja Energy & Mobility Ltd. is trading below its 50 day SMA of 1024.1

Amara Raja Energy & Mobility Ltd.

27 Oct 2020, 02:00AM

1003.30

-1.96%

Amara Raja Batt

Sell: Amara Raja Energy & Mobili...

Recommendation Target

Dolat Capital

Amara Raja demonstrated strong operating performance in Q2FY21. Revenue was Rs 19.36bn (+14.2% YoY), led by recovery in demand from the automotive (both OEM and Replacement) and the industrial...

Amara Raja Energy & Mobility Ltd. is trading above its 30 day SMA of 1002.8

No results found

Is Amara Raja Batteries Ltd. worth buying?

1022 Votes:

Buy 80.43%

Sell 10.96%

Hold 8.61%

RESEARCH REPORTS

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