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15 Apr 2025 |
Amara Raja Energy
|
Consensus Share Price Target
|
975.55 |
1282.73 |
- |
31.49 |
buy
|
|
|
|
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12 Aug 2022
|
Amara Raja Energy
|
Geojit BNP Paribas
|
975.55
|
615.00
|
514.20
(89.72%)
|
Target met |
Buy
|
|
|
|
|
07 Aug 2022
|
Amara Raja Energy
|
Motilal Oswal
|
975.55
|
555.00
|
510.45
(91.12%)
|
Target met |
Neutral
|
|
|
|
|
25 May 2022
|
Amara Raja Energy
|
Chola Wealth Direct
|
975.55
|
700.00
|
485.10
(101.10%)
|
|
Buy
|
|
|
|
|
23 May 2022
|
Amara Raja Energy
|
Sharekhan
|
975.55
|
629.00
|
495.90
(96.72%)
|
Target met |
Buy
|
|
|
|
|
22 May 2022
|
Amara Raja Energy
|
Motilal Oswal
|
975.55
|
590.00
|
498.20
(95.81%)
|
Target met |
Neutral
|
|
|
|
|
13 Feb 2022
|
Amara Raja Energy
|
ICICI Securities Limited
|
975.55
|
650.00
|
577.30
(68.98%)
|
Target met |
Hold
|
|
|
|
|
11 Feb 2022
|
Amara Raja Energy
|
Motilal Oswal
|
975.55
|
621.00
|
607.60
(60.56%)
|
Target met |
Neutral
|
|
|
Amara Raja (AMRJ)'s 3QFY22 performance was driven by a better product mix, which offset RM cost pressures. Near-term headwinds (rising RM prices) could affect margin recovery. The company has taken the first steps towards its next phase of growth in the New Energy business by supplying li-ion battery packs to 3Ws; however, it is yet to finalize its full-fledged entry into lithium cell manufacturing. We largely maintain our FY22E/FY23E EPS estimates as well as our Neutral rating with a TP of INR685 (14x Mar'24E EPS)....
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14 Dec 2021
|
Amara Raja Energy
|
Geojit BNP Paribas
|
975.55
|
741.00
|
618.30
(57.78%)
|
|
Buy
|
|
|
Amara Raja Batteries Ltd (ARBL) is India's second largest Lead-acid battery manufacturer. Its segment includes 70% from automotive & rest from industrial with market leadership in the Telecom segment. During Q2FY22, ARBL revenue came at 17%YoY on the back of robust demand from Aftermarket, across all product segments. Industrial business was stable and UPS registered higher growth. Though, higher raw materials price and supply constraints have negatively affected the margin and thereby, PAT de grew by 28.5%....
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15 Nov 2021
|
Amara Raja Energy
|
IDBI Capital
|
975.55
|
940.00
|
685.00
(42.42%)
|
|
Buy
|
|
|
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%....
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14 Nov 2021
|
Amara Raja Energy
|
Chola Wealth Direct
|
975.55
|
|
685.00
(42.42%)
|
|
Buy
|
|
|
Background: Amara Raja Batteries Limited is the technology leader and one of the largest manufacturers of lead acid 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...
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