Shares of battery manufacturers Amara Raja Energy and Exide Industries have surged in recent months, but they are now experiencing some sell-off pressure as investors appear to be booking profits. After hitting an all-time high of ₹1,775.95 apiece in late June, Amara Raja shares are trading 11.5 per cent below this level at ₹1,571 apiece. To advance in the Lithium-ion …
Hyderabad: The Amara Raja Group on Saturday held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing and inaugurated Phase 1 of the battery pack plant with a current capacity of 1.5 GWh in Mahabubnagar district of Telangana. Along with the battery pack plant inauguration and foundation stone laying ceremony of the Customer Qualification Plant, Amara Raja signed …
Analysts maintain bullish view on Amara Raja Energy and Mobility Ltd, that saw its share price gain more than 3% during intraday trades on Tuesday. Amara Raja Energy with current market price of Close to ₹700 remains amongst stock picks of Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt Ltd. As per Parekh, the stock has bottomed out …
NEW DELHI: Amara Raja Batteries Ltd on Friday said it intends to invest Rs 9,500 crore over the next 10 years in Telangana on setting up research and manufacturing facilities for lithium-ion battery-making in the state. The company on Friday signed a memorandum of understanding with the Telangana government to set up research and manufacturing facilities for lithium-ion battery-making in …
