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Amara Raja Energy & Mobility Ltd (ARE&M)

₹1597.91.1%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 18 analysts

HOLD

52.94%

Buy

23.53%

Hold

23.53%

Sell

Based on 18 analysts offering long term price targets for Amara Raja Energy & Mobility Ltd. An average target of ₹1261.44

Source: S&P Global Market Intelligence

Amara Raja Energy & Mobility Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,591.5
    ₹1,639.8
  • 52 Week's Low

    52 Week's High

    ₹599
    ₹1,775.95
1 Month Return+ 17.86 %
3 Month Return+ 85.13 %
1 Year Return+ 135.88 %
Previous Close₹1,615.75
Open₹1,636.00
Volume7.74L
Upper Circuit-
Lower Circuit-
Market Cap₹29,572.32Cr

Key Statistics

P/E Ratio31.26
PEG Ratio2.74
Market Cap₹29,572.32 Cr
P/B Ratio2.06
EPS38.69

Peer Comparison

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth2.16%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth0.73%
Tata Equity P/E Fund Direct Plan GrowthTata Equity P/E Fund Direct Plan Growth1.81%
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth0.72%
Franklin India Flexi Cap Fund Direct GrowthFranklin India Flexi Cap Fund Direct Growth0.3%

Company Information

Amara Raja Batteries Ltd is an Indian manufacturer of automotive and industrial batteries, incorporated in 1985. The company produces a wide range of batteries for automotive, industrial, telecom, and solar applications. Its top products include automotive batteries, industrial batteries, and telecom batteries.

Amara Raja's automotive batteries are popular for their reliability, long life, and superior performance. The company's industrial batteries are used in a variety of applications such as material handling, power backup, and UPS systems. For telecom applications, Amara Raja's batteries are used for powering telecom towers and remote sites. The company also produces solar batteries for solar energy storage systems.

Amara Raja's popular brands include Amaron, Powerzone, and PowerSafe. Amaron is the company's flagship brand and is known for its superior quality and reliability. Powerzone is a line of batteries designed for heavy-duty applications, while PowerSafe is a range of batteries designed for telecom applications.

Share Price: ₹1597.90 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹29,572.32Cr as of today
Revenue: ₹2,907.86Cr as on March 2024 (Q1 24)
Net Profit: ₹229.78Cr as on March 2024 (Q1 24)
Listing date: 10 May, 1995
Chairperson Name: Jayadev Galla
OrganisationAmara Raja Energy & Mobility Ltd
HeadquartersHyderabad
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Amara Raja Energy & Mobility Ltd

  • Amara Raja Energy & Mobility to Pay Dividend - 14 Jul, 2024

    Amara Raja Energy & Mobility Limited is set to pay a dividend of ₹5.10 on September 2nd, with a trailing yield of approximately 0.6%. The company has been able to grow its dividends by approximately 12% per year over the last decade and has a conservative approach to dividends.

  • Amara Raja Energy & Mobility Shares Rise on BSE - 13 Jul, 2024

    The shares of Amara Raja Energy & Mobility Ltd rose by 0.5% on the Bombay Stock Exchange (BSE) to hit an intraday high at Rs. 1,658.2 with a market capitalisation of Rs. 29,613.5 crore.

  • Amara Raja Energy & Mobility Maintains Net Cash Position - 12 Jul, 2024

    Amara Raja Energy & Mobility has a net cash position of ₹4.03b, with more cash than debt, indicating safe management of its liabilities. The company grew EBIT by 18% in the last year but had free cash flow amounting to only 25% of EBIT over the past three years.

  • Amara Raja to Establish Gigafactory in India with GIB EnergyX - 03 Jul, 2024

    Amara Raja Corp. has partnered with GIB EnergyX Slovakia s.r.o., a subsidiary of China's Gotion High-Tech Co., to establish a gigafactory in India for lithium-ion cells using Gotion's technology. The deal provides access to strong intellectual property and global supply chain for key raw materials.

  • Amara Raja Stock Surges on Partnership Announcement - 01 Jul, 2024

    The stock price of Amara Raja Energy & Mobility surged more than 20% in the last four trading days after announcing a partnership with GIB EnergyX Slovakia to establish an EV battery factory. The move may require substantial investments and could impact the company's return ratio.

  • Amara Raja Eyeing 'Right Price' for EV Batteries with GIB EnergyX Deal - 28 Jun, 2024

    Amara Raja is open to deeper tie-ups with OEMs and willing to engage in conversations. The company has bought export rights as part of the arrangement and is looking to pursue exports opportunistically.

  • Amara Raja Shares Surge on Technical Licensing Agreement with Gotion Subsidiary - 26 Jun, 2024

    Shares of Amara Raja Energy & Mobility Ltd have surged following the company's recent technical licensing agreement with a Gotion subsidiary for lithium-ion phosphate (LFP) technology. Brokerage firm Sharekhan has maintained a Buy rating on the stock with a revised price target of Rs 1967, citing expectations of robust performance in the replacement segment and growth opportunities in the Li-ion cell market.

  • Amara Raja Surges on Technical Licensing Agreement - 25 Jun, 2024

    Shares of Amara Raja Energy & Mobility surged up to 20% to a new all-time high of Rs.1655.20 following the announcement of a strategic technological collaboration with Gotion High-Tech's subsidiary, GIB EnergyX Slovakia, for the licensing of its LFP technology for lithium-ion cells.

  • Amara Raja Partners with GIB EnergyX for LFP Cells - 24 Jun, 2024

    Amara Raja Energy & Mobility has signed a technical licensing agreement with GIB EnergyX Slovakia to license Gotion's LFP technology for lithium-ion cells.

  • Amara Raja Invests €20 Million in InoBat AS - 21 Jun, 2024

    Amara Raja Energy & Mobility has invested €20 million in InoBat AS, acquiring an additional 4.5% stake and bringing its total holding to 9.32%. InoBat specializes in producing batteries for electric vehicles.

  • Amara Raja Acquires Additional Stake in InoBat - 20 Jun, 2024

    Amara Raja Energy & Mobility has invested 20 million euros to acquire an additional 4.5% equity stake in electric vehicle battery maker, InoBat AS. The company's total holding will be around 9.32%, including its previous investment of 10 million euros.

Insights on Amara Raja Energy & Mobility Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ARE&M has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ARE&M stock has moved up by 85.1%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 28.06% to 32.86% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.00% to 24.45% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KEI Industries Ltd has given 546.2% return, outperforming this stock by 425.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 3.06K Cr → 2.94K Cr (in ₹), with an average decrease of 4.2% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 6.17% to 4.45% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 30.01% to 27.33% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 267.89 Cr → 229.78 Cr (in ₹), with an average decrease of 14.2% per quarter

News

Amara Raja advances its lithium-ion cell manufacturing plans with strategic partnerships

Amara Raja Energy & Mobility (ARE&M) broke ground for its 16 GWh Li-ion cell factory in Mahbubnagar, Telangana, nearly a year ago. In this interaction

08 Jul, 2024 05:16 PM

M Jagadish, Chief Technology Officer at Amara Raja Advanced Cell Technologies (ARACT)

M Jagadish, Chief Technology Officer at Amara Raja Advanced Cell Technologies (ARACT) - Powerful Thoughts

11 Jul, 2024 04:21 PM

HBL Power and Amara Raja Batteries: A Comparative Analysis of EV Stocks

Here is a comparative review of the HBL power share price with Amara Raja Batteries in terms of stock data and business prospects.

15 Jul, 2024 04:32 PM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹2,907.86Cr
↓4.49%
Net Income
₹229.78Cr
↓14.23%
Net Profit Margin
7.90%
↓10.23%
2024Y/Y Change
Revenue
₹11,708.44Cr
↑12.67%
Net Income
₹934.38Cr
↑27.85%
Net Profit Margin
7.98%
↑13.51%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹8,852.43Cr
↑11.40%
Total Liabilities
₹2,083.78Cr
↑7.36%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹1,314.20Cr
↑37.44%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
32.86%
0.00
Foreign Institutions
24.45%
0.00
Mutual Funds
4.45%
0.00
Retail Investors
27.33%
0.00
Others
10.91%
0.00

Key Indicators

Amara Raja Energy & Mobility Ltd Valuation

Amara Raja Energy & Mobility Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.10x)

March 24, 2020

Today (31.26x)

July 12, 2024

Industry (68.64x)

July 12, 2024

Highest (33.18x)

July 1, 2024

LowHigh

Earnings and Dividends

  • Amara Raja Energy & Mobility Ltd Earnings Results

    Amara Raja Energy & Mobility Ltd’s net profit jumped 61.34% since last year same period to ₹229.78Cr in the Q4 2023-2024. On a quarterly growth basis, Amara Raja Energy & Mobility Ltd has generated -14.23% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Amara Raja Energy & Mobility Ltd Dividends May,2024

    In the quarter ending March 2024, Amara Raja Energy & Mobility Ltd has declared dividend of ₹5.10 - translating a dividend yield of 0.61%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Amara Raja Energy & Mobility Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Amara Raja Energy & Mobility Ltd (ARE&M) share price today is ₹1597.9

Amara Raja Energy & Mobility Ltd is listed on NSE

Amara Raja Energy & Mobility Ltd is listed on BSE

  • Today’s highest price of Amara Raja Energy & Mobility Ltd is ₹1639.8.
  • Today’s lowest price of Amara Raja Energy & Mobility Ltd is ₹1591.5.

PE Ratio of Amara Raja Energy & Mobility Ltd is 31.26

PE ratio = Amara Raja Energy & Mobility Ltd Market price per share / Amara Raja Energy & Mobility Ltd Earnings per share

Today’s traded volume of Amara Raja Energy & Mobility Ltd(ARE&M) is 7.74L.

Today’s market capitalisation of Amara Raja Energy & Mobility Ltd(ARE&M) is ₹29572.32Cr.

Amara Raja Energy & Mobility Ltd(ARE&MPrice
52 Week High
₹1775.95
52 Week Low
₹599

Amara Raja Energy & Mobility Ltd(ARE&M) share price is ₹1597.9. It is down -10.03% from its 52 Week High price of ₹1775.95

Amara Raja Energy & Mobility Ltd(ARE&M) share price is ₹1597.9. It is up 166.76% from its 52 Week Low price of ₹599

Amara Raja Energy & Mobility Ltd(ARE&MReturns
1 Day Returns
-17.85%
1 Month Returns
17.86%
3 Month Returns
85.13%
1 Year Returns
135.88%