Page 2 - Amara Raja Batteries Limited

The $1.3 billion Amara Raja Group sets sights on EV batteries now

The $1.3-billion group will be investing around Rs 7,000 crore on lithium-ion, while continuing its focus on traditional lead acid batteries

Easing commodity prices, supply snags to lift auto ancillary stks: Analysts

Thus far in 2022, key raw materials used in automobile manufacturing like steel, iron ore, aluminum, nickel, and rubber have dropped in the range of 16 per cent to 45 per cent.

Amara Raja looks for acquisitions overseas for lead acid batteries

Getting into lithium ion battery making, automotive and industrial battery major Amara Raja Batteries Ltd is looking at acquisitions overseas to expand its lead acid battery business, said soruces

Amara Raja Batteries Q4 profit dips 47.8% at Rs 98.85 cr, revenue up 3.7%

Amara Raja Batteries Ltd on Friday reported a decline of 47.80 per cent in consolidated net profit at Rs 98.85 crore in the fourth quarter ended March 2022.

Amara Raja, Minda: How to trade EV-related stocks ahead of Budget 2022?

Budget 2022 can spark much awaited upside in the EV related stocks

Stocks to Watch: Textiles, Amara Raja, Airtel, TCS, ITC, Ajanta Pharma

Textiles shares shall be in limelight as the government has released the operational guidelines for the production-linked incentive (PLI) scheme

Amara Raja Batteries net profit declines 28% to Rs 144 cr in Sept quarter

Amara Raja Batteries Ltd on Friday reported a 28 per cent decline in consolidated net profit to Rs 144.32 crore in the second quarter ended September 30, 2021, impacted by a rise in input costs. The company had posted a consolidated net profit of Rs 201.27 crore in the same period last fiscal, Amara Raja Batteries Ltd said in a regulatory filing. Its consolidated revenue from operations during July-September 2021 stood at Rs 2,264.15 crore as against Rs 1,935.52 crore in the year-ago period, it added. Total expenses stood at Rs 2,097.17 crore, higher as compared with Rs 1,676.03 crore a year ago. The cost of materials consumed was also higher at Rs 1,484.82 crore, against Rs 1,119.75 crore in the year-ago period. Commenting on the performance, Amara Raja Batteries Chairman, Managing Director & CEO Jayadev Galla said, "The demand signals are positive across all product segments but the increased input material costs are driving the margins negatively." He further said, "We will ..

Nifty in uncharted territory; keep booking timely profits: Sameet Chavan

We advise continuing with one step at a time approach and keep booking timely profits in the rally

Amara Raja Batteries Q1 profit doubles to Rs 167 crore

Amara Raja Batteries Ltd (ARBL) on Saturday reported profit before tax of Rs 167 crore in Q1 FY22, nearly double from Rs 84 crore in the same period of previous fiscal.Revenue stood at Rs 1,886 crore as compared to Rs 1,151 crore in the same period. Earnings per share for Q1 FY 22 work out to Rs 7.26.Even as the current quarter was impacted by lockdowns due to pandemic, the aftermarket demand across product segments in both automotive and industrial segments remained strong.The company said automotive business revenue grew on the back of strong growth in exports and OEMs compared to last year. In the industrial business, both telecom and UPS applications registered strong YoY growth."While the uncertainties due to second wave of Covid and the resultant lockdowns are creating unpredictability in the product off take, we are focused on ensuring the product availability across all market segments by calibrating manufacturing operations and supply chain dynamically," said Jayadev Galla, ..

Amara Raja, Indo National: Stocks of battery makers that can jump up to 25%

RIL has forayed into Lithium-ion battery biz through stake buy in US company. Here's how stocks of traditional battery makers look on the technical charts

Ajit Mishra is bullish on Amara Raja, Cummins & PFC. Check why

Amara Raja Batteries has been trading with a corrective bias for the last eight months and recently tested the major support zone around Rs 690 levels

Maha govt's new EV policy can spark up to 25% upside in these stocks

Shares of Motherson Sumi, Jay Bharat Maruti and Bharat Gears have surged over 50 per cent so far this year and continue to see positive interest from market players

Amara Raja carves out new biz unit, re-fashions as energy and mobility firm

The announcements by Amara Raja comes amid the thrust India's policy makers have been giving to electric mobility in its endeavour to reduce carbon emissions and reduce oil import bill.

Amara Raja Batteries' Q4 net rises 38% to Rs 189 crore on robust sales

Net revenue from operations stood at Rs 2,103 crore as against Rs 1,581 crore in the fourth quarter of 2019-20

Amara Raja starts work on lithium-ion cells, sets up tech hub at Tirupati

Amara Raja Batteries, the country's second-largest automotive battery maker, has opened the country's maiden technology hub to develop lithium-ion cells

Valuations factor in robust volume outlook for Amara Raja

Given cost pressures and high stock valuation, the stock could see pressure even after Monday's 6% correction

Battery makers charged up for next leg of growth on replacement demand

Pick-up in industrial consumption, relatively benign lead prices point to improved earnings prospects

Amara Raja manufacturing facilities at near 100% capacity utilisation

The company registered a 35 per cent year-on-year growth in inverters and 40 per cent growth in 2W batteries,

Sensex surges 377 pts as financial, FMCG stocks rally; Nifty ends at 11,889

All that happened in the markets today

Amara Raja Batteries net profit falls 56% to Rs 62.49 cr in June quarter

Amara Raja Batteries Ltd on Friday reported a 56 per cent decline in consolidated profit after tax at Rs 62.49 crore in the first quarter ended June 30 impacted adversely by the coronavirus pandemic.