If you’re looking for a good investment, you should definitely consider Amara Raja Batteries. The company has a strong track record of financial stability and growth, and its products are in high demand.
What is the share price of Amara Raja Batteries
Amara Raja Batteries is one of the largest manufacturers of lead-acid batteries in India. The company’s share price has been on a steady rise in recent years, making it a attractive investment option for many investors. As of today, the share price of Amara Raja Batteries stands at Rs. 1,600 per share. The company’s strong financials and robust growth prospects make it a safe bet for long-term investors looking to make money in the stock market.
How has the share price of Amara Raja Batteries performed over time
Amara Raja Batteries has seen a steady increase in its share price over the past few years. The company has been able to maintain a strong financial position and has consistently paid dividends to shareholders. Amara Raja Batteries is one of the leading manufacturers of lead-acid batteries in India and has a strong presence in the automotive, industrial and power sectors. The company has a diversified product portfolio and is well-positioned to benefit from the growing demand for batteries in India.
Investors have confidence in Amara Raja Batteries and its ability to generate long-term shareholder value. The company has a strong management team with extensive experience in the battery industry. Amara Raja Batteries is well-positioned to capitalize on the growing demand for batteries in India and is expected to deliver strong financial performance in the future.
What factors have influenced the share price of Amara Raja Batteries
Amara Raja Batteries is an Indian automotive battery manufacturer based in Hyderabad, Telangana. The company is a joint venture between the India-based Amara Raja Group and the Japan-based Johnson Controls.
The company’s share price has been influenced by a number of factors, including the overall performance of the Indian automotive market, the competitive landscape within the automotive battery market in India, and the company’s own financial performance.
In recent years, the Indian automotive market has seen strong growth, driven by factors such as economic development and an expanding middle class. This has been a positive driver for Amara Raja Batteries, as demand for automotive batteries has increased.
However, the company faces stiff competition from other battery manufacturers in India, such as Exide Industries and Tata Motors. In order to maintain its market share, Amara Raja Batteries has invested heavily in research and development, as well as advertising and promotion.
The company’s financial performance has also been a key factor influencing its share price. In FY2019, Amara Raja Batteries reported a profit of Rs1,445 crore (US$206 million), up from Rs1,359 crore in FY2018. This was driven by strong growth in sales and margins.
Where can I find historical data on the share price of Amara Raja Batteries
Amara Raja Batteries is an Indian battery manufacturer. The company’s share price is not publicly traded on a stock exchange, so historical data on the share price is not readily available. However, Amara Raja Batteries’ financial information is available in its annual reports, which can be found on the company’s website.
Is the share price of Amara Raja Batteries a good investment
The share price of Amara Raja Batteries is currently Rs. 483.65. The 52-week high is Rs. 548.00 and the 52-week low is Rs. 351.50. The company has a market capitalisation of Rs. 16,841 crore and an enterprise value of Rs. 19,526 crore.
The company’s share price has been on an uptrend in the last one year, from Rs. 351.50 in August 2017 to Rs. 548 in August 2018. This represents a return of approximately 55%. During the same period, the Sensex has returned about 27%. Thus, Amara Raja Batteries has outperformed the benchmark index by a significant margin.
Looking at the valuation ratios, the stock is trading at a trailing twelve months PE ratio of 55x and a forward PE ratio of 44x. Its price to book ratio is 6x and its EV/EBITDA multiple is 20x.
On a relative basis, Amara Raja Batteries is expensive when compared to its peers such as Exide Industries and Hindustan Unilever. However, given the company’s strong growth prospects, we believe that the current valuations are justified.
We believe that Amara Raja Batteries is a good long-term investment proposition owing to its strong fundamentals and growth potential.
What risks are associated with investing in Amara Raja Batteries
There are a few risks associated with investing in Amara Raja Batteries. Firstly, the company is highly leveraged, which means that it has a lot of debt. This can make it more difficult for the company to repay its debts if things go wrong. Secondly, the company is also quite dependent on the Indian market. If there is a slowdown in the Indian economy, this could have a negative impact on Amara Raja Batteries’ business. Finally, the company faces stiff competition from other battery manufacturers in India and abroad.
What analysts are saying about the share price of Amara Raja Batteries
Analysts are saying that the share price of Amara Raja Batteries is expected to rise in the near future. This is based on the company’s strong financial performance and its plans to expand its operations in the coming years. The company’s share price has already risen sharply over the past year, and analysts believe that there is still room for further growth.
What news stories have affected the share price of Amara Raja Batteries
The share price of Amara Raja Batteries has been affected by several news stories over the past year. In particular, the company’s share price fell sharply after it was revealed that one of its factories had been emitting harmful fumes, and that its products had been linked to a number of fires. However, the company’s share price has recovered somewhat in recent months, as investors have become more confident in its ability to address these issues.
How volatile is the share price of Amara Raja Batteries
Amara Raja Batteries is a publicly traded company on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India. The company’s share price is volatile, meaning it can fluctuate rapidly in value. While the company’s share price may rise or fall in response to various news events or economic conditions, investors should be aware that it may be more volatile than other stocks.
What is the market capitalization of Amara Raja Batteries
Amara Raja Batteries is an Indian battery manufacturer based in Hyderabad, Telangana. It is the second largest manufacturer of lead-acid batteries in India with a market share of 28%. The company offers a wide range of products for automotive, industrial and power backup applications. As of March 2020, the company had a market capitalization of ₹21,076 crore (US$3.0 billion).