Amara Raja Batteries rose 6.08% to Rs 846.60 at 15:10 IST on BSE after net profit rose 19.70% to Rs 134.45 crore on 17.07% rise in net sales to Rs 1553.46 crore in Q3 December 2017 over Q3 December 2016.
The result was announced on Saturday, 10 February 2018.Meanwhile, the S&P BSE Sensex was up 344.31 points, or 1.01% to 34,350.07.
On the BSE, 74,000 shares were traded in the counter so far compared with average daily volumes of 51,242 shares in the past one quarter. The stock had hit a high of Rs 859.70 and a low of Rs 817 so far during the day. The stock hit a 52-week high of Rs 954.55 on 17 May 2017. The stock hit a 52-week low of Rs 665.45 on 7 November 2017.
The stock had underperformed the market over the past 30 days till 9 February 2018, falling 7.23% compared with 1.44% fall in the Sensex. The scrip had outperformed the market in past one quarter, rising 6.29% as against Sensex's 2.07% rise. The scrip had also underperformed the market in past one year, falling 8.50% as against Sensex's 20.02% rise.
The large-cap company has equity capital of Rs 17.08 crore. Face value per share is Re 1.
Amara Raja Batteries makes storage batteries for both industrial and automotive applications.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
