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Amara Raja Batteries Ltd soars around 2%

Capital Market 

Amara Raja Batteries Ltd is quoting at Rs 776.45, up 1.96% on the day as on 12:49 IST on the NSE. The stock is up 19.35% in last one year as compared to a 4.57% gain in NIFTY and a 10% gain in the Nifty Auto.

Amara Raja Batteries Ltd rose for a fifth straight session today. The stock is quoting at Rs 776.45, up 1.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 11506.25. The Sensex is at 38971.28, up 0.55%. Amara Raja Batteries Ltd has added around 2.98% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has added around 2.1% in last one month and is currently quoting at 8035.35, down 0.05% on the day. The volume in the stock stood at 6.01 lakh shares today, compared to the daily average of 9.25 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 777, up 1.69% on the day. Amara Raja Batteries Ltd is up 19.35% in last one year as compared to a 4.57% gain in NIFTY and a 10% gain in the Nifty Auto index.

The PE of the stock is 22.32 based on TTM earnings ending June 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 15 2020. 13:00 IST
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