Amara Raja Batteries lost 5.2% to Rs 742.70 at 14:46 IST on BSE with the stock declining on profit booking after recent upmove.
Meanwhile, the BSE Sensex was down 21.66 points, or 0.08%, to 28,011.19
On BSE, so far 45,380 shares were traded in the counter, compared with an average volume of 34,756 shares in the past one quarter.
The stock hit a high of Rs 792.40 and low of Rs 731.25 so far during the day. The stock had scaled a record high of Rs 795.45 yesterday, 19 November 2014. The stock hit a 52-week low of Rs 312.35 on 27 November 2013.
The stock had outperformed the market over the past one month till 19 November 2014, rising 32.82% compared with the Sensex's 7.37% rise. The scrip had also outperformed the market in past one quarter, gaining 32.01% as against Sensex's 6.1% rise.
The large-cap company has an equity capital of Rs 17.08 crore. Face value per share is Re 1.
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Shares of Amara Raja Batteries were on a roll recently, with the stock gaining 12.37% in three trading days to Rs 783.40 on 19 November 2014 from recent low of Rs 697.10 on 14 November 2014.
Amara Raja Batteries net profit rose 6% to Rs 100.30 crore on 31.5% increase in total income to Rs 1071.17 crore in Q2 September 2014 over Q2 September 2013.
Amara Raja Batteries is one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the Indian storage battery industry.
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