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Amara Raja Batteries Ltd gains for third straight session

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Capital Market

Amara Raja Batteries Ltd is quoting at Rs 807.05, up 2.05% on the day as on 12:49 IST on the NSE. The stock is up 5.27% in last one year as compared to a 13.42% jump in NIFTY and a 0.53% jump in the Nifty Auto index.

Amara Raja Batteries Ltd is up for a third straight session today. The stock is quoting at Rs 807.05, up 2.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 12227.7. The Sensex is at 41513.45, up 0.31%. Amara Raja Batteries Ltd has gained around 13.54% in last one month.

 

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has gained around 2.14% in last one month and is currently quoting at 8241.75, up 0.75% on the day. The volume in the stock stood at 4.23 lakh shares today, compared to the daily average of 6.9 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 808.95, up 2.08% on the day. Amara Raja Batteries Ltd is up 5.27% in last one year as compared to a 13.42% jump in NIFTY and a 0.53% jump in the Nifty Auto index.

The PE of the stock is 22.15 based on TTM earnings ending September 19.

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First Published: Jan 24 2020 | 1:05 PM IST

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