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.

0 thoughts on “Amara Raja Batteries Ltd stays well supported”

Post Comment

  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.

View My Stats