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Equity | News | Hot Pursuit
Hot Pursuit
Amara Raja Batteries Ltd stays well supported
(13:00, 10 Jan 2019)

Amara Raja Batteries Ltd gained for a fifth straight session today. The stock is quoting at Rs 759.45, up 2.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 10825.15. The Sensex is at 36132.62, down 0.22%. Amara Raja Batteries Ltd has gained around 5.64% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has gained around 1.2% in last one month and is currently quoting at 8907.1, up 0.51% on the day. The volume in the stock stood at 8.94 lakh shares today, compared to the daily average of 3.49 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 761.5, up 2.45% on the day. Amara Raja Batteries Ltd is down 11.99% in last one year as compared to a 1.63% jump in NIFTY and a 24.59% jump in the Nifty Auto index.

The PE of the stock is 26.42 based on TTM earnings ending September 18.

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