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Amara Raja Batteries: ₹898 Target Price by bansammy is a document available to read on EtoBox.

What is Amara Raja Batteries: ₹898 Target Price about?

Amara Raja Batteries saw faster than expected revenue growth in the second quarter driven by strong demand recovery in the auto and industrial sectors. Gross margins expanded due to moderation in lead prices and a favorable sales mix. Earnings were well above estimates due to strong operating performance and margins. The analyst maintains a buy recommendation with a 12-month target price of Rs. 898 based on the company

Author
bansammy
Language
EN