Amara Raja Batteries slips 6% on disappointing Q4 operational performance

In Q4, Ebitda declined by 31 per cent year on year to Rs 220 crore due to lower-than-expected revenue and delay in passing on commodity inflation

Amara Raja Batteries slips 6% on disappointing Q4 operational performance
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SI Reporter Mumbai
Shares of Amara Raja Batteries slipped 6 per cent to Rs 498.55 on the BSE in Monday's intra-day trade, in an otherwise firm market, after the auto ancialliary company reported a disappointing operational performance in March quarter (Q4FY22).

The stock was trading close to its 52-week low of Rs 493.70, touched on May 12, 2022. In the past one month, it has corrected 12 per cent, as compared to 4 per cent decline in the S&P BSE Sensex. At 01:19 PM; the stock was down 5 per cent, as against 0.73 per cent rise in the benchmark index.

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First Published: May 23 2022 | 1:43 PM IST

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