Amara Raja Batteries rose 1.43% to Rs 950.95 at 14:14 IST on BSE after net profit rose 15.22% to Rs 122.09 crore on 11.26% growth in total income from operations (net) to Rs 1144.97 crore in Q1 June 2015 over Q1 June 2014.
The Q1 result was announced during market hours today, 14 August 2015.
Meanwhile, the S&P BSE Sensex was up 521.65 points or 1.89% at 28,071.18.
On BSE, so far 65,000 shares were traded in the counter as against average daily volume of 18,052 shares in the past one quarter.
The stock was volatile. The stock rose as much as 3.8% at the day's high of Rs 973.20 so far during the day. The stock lost as much as 0.85% at the day's low of Rs 929.55 so far during the day. The stock had hit a record high of Rs 994.80 on 5 August 2015. The stock had hit a 52-week low of Rs 527.05 on 14 August 2014.
The stock had outperformed the market over the past one month till 13 August 2015, surging 8.97% compared with Sensex's 1.47% fall. The scrip had also outperformed the market in past one quarter, jumping 15.11% as against Sensex's 1.1% rise.
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The large-cap company has equity capital of Rs 17.08 crore. Face value per share is Re 1.
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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