|
28 Sep 2025 |
Amara Raja Energy
|
Consensus Share Price Target
|
977.75 |
1163.20 |
- |
18.97 |
hold
|
|
|
|
|
27 Sep 2022
|
Amara Raja Energy
|
ICICI Direct
|
977.75
|
500.00
|
481.30
(103.15%)
|
Target met |
Hold
|
|
|
|
|
24 Aug 2022
|
Amara Raja Energy
|
ICICI Direct
|
977.75
|
475.00
|
511.55
(91.13%)
|
|
Sell
|
|
|
|
|
24 Aug 2022
|
Amara Raja Energy
|
Chola Wealth Direct
|
977.75
|
700.00
|
511.55
(91.13%)
|
Target met |
Buy
|
|
|
|
|
12 Aug 2022
|
Amara Raja Energy
|
Geojit BNP Paribas
|
977.75
|
615.00
|
514.20
(90.15%)
|
Target met |
Buy
|
|
|
|
|
07 Aug 2022
|
Amara Raja Energy
|
Motilal Oswal
|
977.75
|
555.00
|
510.45
(91.55%)
|
Target met |
Neutral
|
|
|
|
|
25 May 2022
|
Amara Raja Energy
|
Chola Wealth Direct
|
977.75
|
700.00
|
485.10
(101.56%)
|
|
Buy
|
|
|
|
|
23 May 2022
|
Amara Raja Energy
|
Sharekhan
|
977.75
|
629.00
|
495.90
(97.17%)
|
Target met |
Buy
|
|
|
|
|
22 May 2022
|
Amara Raja Energy
|
Motilal Oswal
|
977.75
|
590.00
|
498.20
(96.26%)
|
Target met |
Neutral
|
|
|
|
|
13 Feb 2022
|
Amara Raja Energy
|
ICICI Securities Limited
|
977.75
|
650.00
|
577.30
(69.37%)
|
Target met |
Hold
|
|
|
|
|
11 Feb 2022
|
Amara Raja Energy
|
Motilal Oswal
|
977.75
|
621.00
|
607.60
(60.92%)
|
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)....
|