Intro:
Amara Raja Batteries Limited is a popular Indian business that manufactures lead-acid batteries for various applications, consisting of automotive, commercial, as well as residence UPS. The firm was founded in 1985 and also has actually ever since become one of the leading battery suppliers in India. In this article, we will certainly take a more detailed look at the business’s efficiency as well as its share rate.
Performance of Amara Raja Batteries:
Amara Raja Batteries has a strong presence in the Indian market and has consistently supplied outstanding economic outcomes. The business’s income for the fiscal year 2020-21 was INR 7,732 crores, which is a growth of 7% contrasted to the previous year. The profit after tax (PAT) for the exact same duration was INR 645 crores, a growth of 30% contrasted to the previous year. The firm’s EBITDA margin for the financial year 2020-21 was 18.4%.
Amara Raja Batteries’ service is separated into two segments – auto as well as industrial. The automotive section accounts for most of the firm’s profits and also includes batteries for two-wheelers, guest cars, industrial automobiles, as well as tractors. The commercial segment includes batteries for telecommunications, UPS, and solar applications.
Amara Raja Batteries Share Price:
The share cost of Amara Raja Batteries has seen a steady boost throughout the years, mirroring the company’s solid monetary performance. Since 12th April 2023, the share cost of Amara Raja Batteries is around INR 1,063 on the Bombay Stock Market (BSE) and also around INR 1,061 on the National Stock Market (NSE).
In the past year, the share price of Amara Raja Batteries has actually varied from a reduced of INR 755.50 to a high of INR 1,186.70. Over the previous five years, the company’s share price has actually seen a development of over 80%.
Conclusion:
Amara Raja Batteries is a leading battery producer in India and also has constantly supplied impressive monetary outcomes. The business’s strong visibility in the Indian market, in addition to its focus on innovation as well as consumer contentment, has actually assisted it maintain its placement as a market leader. The consistent rise in the business’s share cost over the years mirrors financiers’ confidence in its future growth potential customers.
