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Amara Raja Batteries Ltd extends losses

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Amara Raja Batteries Ltd is quoting at Rs 670.55, down 0.56% on the day as on 13:24 IST on the NSE. The stock tumbled 20.15% in last one year as compared to a 10.59% rally in NIFTY and a 25.44% fall in the Nifty Auto index.

Amara Raja Batteries Ltd fell for a fifth straight session today. The stock is quoting at Rs 670.55, down 0.56% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 11742.65. The Sensex is at 39082.85, up 0.07%.Amara Raja Batteries Ltd has eased around 5.52% in last one month.Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has increased around 3.77% in last one month and is currently quoting at 8646.05, down 0.53% on the day. The volume in the stock stood at 1.06 lakh shares today, compared to the daily average of 15.18 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 670.75, down 0.84% on the day. Amara Raja Batteries Ltd tumbled 20.15% in last one year as compared to a 10.59% rally in NIFTY and a 25.44% fall in the Nifty Auto index.

The PE of the stock is 24.29 based on TTM earnings ending December 18.

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First Published: Apr 25 2019 | 1:35 PM IST

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