Amara Raja Batteries Ltd in demand

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Capital Market
Last Updated : Mar 27 2020 | 1:31 PM IST

Amara Raja Batteries Ltd is quoting at Rs 450.3, up 2.49% on the day as on 12:54 IST on the NSE. The stock is down 37.24% in last one year as compared to a 25.49% drop in NIFTY and a 40.34% drop in the Nifty Auto index.

Amara Raja Batteries Ltd is up for a third straight session in a row. The stock is quoting at Rs 450.3, up 2.49% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 8620.25. The Sensex is at 29709.58, down 0.79%. Amara Raja Batteries Ltd has dropped around 29.39% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has dropped around 28.84% in last one month and is currently quoting at 5061.3, down 2.93% on the day. The volume in the stock stood at 4.65 lakh shares today, compared to the daily average of 8.52 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 448.85, up 1.22% on the day. Amara Raja Batteries Ltd is down 37.24% in last one year as compared to a 25.49% drop in NIFTY and a 40.34% drop in the Nifty Auto index.

The PE of the stock is 11.68 based on TTM earnings ending December 19.

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First Published: Mar 27 2020 | 1:05 PM IST

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