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Amara Raja Batteries Ltd stays supported

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Capital Market
Last Updated : Jan 05 2021 | 1:31 PM IST

Amara Raja Batteries Ltd is quoting at Rs 977.5, up 1.22% on the day as on 12:49 IST on the NSE. The stock is up 36.61% in last one year as compared to a 17.99% spurt in NIFTY and a 17.34% spurt in the Nifty Auto index.

Amara Raja Batteries Ltd gained for a third straight session today. The stock is quoting at Rs 977.5, up 1.22% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 14150.95. The Sensex is at 48267.83, up 0.19%. Amara Raja Batteries Ltd has risen around 6.38% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has risen around 0.55% in last one month and is currently quoting at 9417.95, down 0.59% on the day. The volume in the stock stood at 12.42 lakh shares today, compared to the daily average of 7.75 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 975.05, up 0.95% on the day. Amara Raja Batteries Ltd is up 36.61% in last one year as compared to a 17.99% spurt in NIFTY and a 17.34% spurt in the Nifty Auto index.

The PE of the stock is 29.18 based on TTM earnings ending September 20.

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First Published: Jan 05 2021 | 1:05 PM IST

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