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Amara Raja Batteries Ltd gains for third consecutive session

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Capital Market

Amara Raja Batteries Ltd is quoting at Rs 593, up 4.22% on the day as on 12:54 IST on the NSE. The stock is down 3.75% in last one year as compared to a 22.23% drop in NIFTY and a 30.26% drop in the Nifty Auto index.

Amara Raja Batteries Ltd gained for a third straight session today. The stock is quoting at Rs 593, up 4.22% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 9128.85. The Sensex is at 31047.12, up 0.74%. Amara Raja Batteries Ltd has risen around 6.28% in last one month.

 

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has risen around 5.97% in last one month and is currently quoting at 5603.8, up 2.63% on the day. The volume in the stock stood at 22.46 lakh shares today, compared to the daily average of 15.8 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 593.8, up 4.11% on the day. Amara Raja Batteries Ltd is down 3.75% in last one year as compared to a 22.23% drop in NIFTY and a 30.26% drop in the Nifty Auto index.

The PE of the stock is 15.11 based on TTM earnings ending December 19.

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First Published: May 21 2020 | 1:05 PM IST

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