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Amara Raja Batteries Ltd gains for third straight session

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Capital Market

Amara Raja Batteries Ltd is quoting at Rs 673.3, up 1.62% on the day as on 12:49 IST on the NSE. The stock is down 9.59% in last one year as compared to a 14.02% jump in NIFTY and a 4.36% jump in the Nifty Auto index.

Amara Raja Batteries Ltd gained for a third straight session today. The stock is quoting at Rs 673.3, up 1.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.47% on the day, quoting at 11842.45. The Sensex is at 40053.05, up 0.56%. Amara Raja Batteries Ltd has slipped around 4.27% in last one month.

 

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has slipped around 13.02% in last one month and is currently quoting at 8449.75, down 0.16% on the day. The volume in the stock stood at 2.72 lakh shares today, compared to the daily average of 4.34 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 678, up 2.08% on the day. Amara Raja Batteries Ltd is down 9.59% in last one year as compared to a 14.02% jump in NIFTY and a 4.36% jump in the Nifty Auto index.

The PE of the stock is 22.11 based on TTM earnings ending June 19.

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First Published: Oct 30 2019 | 1:05 PM IST

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