Amara Raja Energy & Mobility Ltd (ARE&M)

Decline in BESS tariffs expected to benefit Amara Raja Energy & Mobility Ltd - 16 May, 2024

The recent decline in Battery Energy Storage Systems (BESS) tariffs is expected to drive greater adoption of BESS, benefiting firms involved in manufacturing, installation, and upkeep. This development could positively impact the prospects of Amara Raja Energy & Mobility Ltd.

Amara Raja Energy & Mobility Stock Expected to Rally - 15 May, 2024

After a record high of ₹1,202 in April, Amara Raja Energy & Mobility stock has moderated but bounced off the key ₹1,000-mark. Technical analysis suggests an uptrend is set to resume with a potential buying opportunity and quick rally to ₹1,200. One can go long now at ₹1,090 and accumulate if there is a price fall to ₹1,050. Initial stop-loss at ₹1,000. Raise stop-loss to ₹1,100 when the price touches ₹1,150. (Note: Risk of loss in trading.)

Amara Raja Energy & Mobility Stock Still a Bargain - 10 May, 2024

Analysts suggest that Amara Raja Energy & Mobility stock is still undervalued, with a price-to-earnings ratio below the industry average. The company's earnings are expected to increase by 39%, indicating a positive future outlook. Investors may want to consider increasing their holdings in the stock.

Amara Raja Energy & Mobility Ltd sees increased interest from HNIs and promoter stake hike - 07 May, 2024

HNIs are showing interest in Amara Raja Energy & Mobility Ltd, with the promoter hiking stake. Bulls are betting on a regime change in Andhra Pradesh that could favor the battery maker.

Amara Raja Energy & Mobility Ltd Shows Positive Growth - 04 May, 2024

Amara Raja Energy & Mobility Ltd's undervalued stock has a P/E ratio of 24.6 compared to the industry's P/E ratio of 34, with positive financials showing growth in revenue and net profit. The stock has delivered positive returns of around 81.4% in the last six months and nearly 90.02% in the last one year. As of March 2024, FIIs hold 24.46% of shares, whereas DIIs hold 15.36%, aggregating to 39.82% of institutional holdings.

Amara Raja Energy & Mobility Shares Boosted by Exide-Hyundai-Kia Partnership - 25 Apr, 2024

Shares of Amara Raja Energy & Mobility received a boost after Exide Industries announced a strategic cooperation with Hyundai and Kia to produce lithium iron phosphate cells.

Amara Raja Shares Surge Amid Bid for Battery Manufacturing Gigafactory - 23 Apr, 2024

Shares of Amara Raja Energy and Mobility surged as its subsidiary, Amara Raja Advanced Cell Technologies, submitted a bid to set up a battery manufacturing gigafactory in India. The company also hit a multi-year high due to a healthy outlook and strong earnings expectations. Additionally, it is among seven companies bidding for the Production Linked Incentive scheme aimed at supporting EV battery manufacturing.

Amara Raja Energy & Mobility Ltd Shares Surge 29% in a Month - 19 Apr, 2024

Shares of Amara Raja Energy & Mobility Ltd have surged by 29% in the last month, with an annual gain of 65%. The company's P/E ratio of 22.4x is lower than many Indian companies, indicating bullish signals for investors. Analysts predict earnings growth of 11% per year over the next three years.

Brokerage Gives Buy Call on Amara Raja Energy & Mobility Stock - 18 Apr, 2024

Amara Raja Energy & Mobility's stock receives a Buy call from a Domestic Brokerage with a potential upside of more than 20%. The company is expected to see steady growth in its Lead Acid business, export numbers, and aftermarket business. Additionally, Piper Serica Founder recommends investors stay on the right side of the macro trend for battery space.

Exide and Amara Raja Energy & Mobility Surge on Localised EV Manufacturing Hopes - 17 Apr, 2024

Shares of Exide Industries and Amara Raja Energy & Mobility surged to their one-year highs as the push for localised electric vehicle (EV) manufacturing could drive demand for their products. Analysts said Exides partnership with Hyundai and KIA and the governments impetus for making EVs in the country has improved growth prospects for battery-making companies.