Hopes of demand recovery drove shares of battery makers Amara Raja Energy and Exide Industries up to 7 per cent higher on the BSE in Wednesday’s intra-day trade. ARE&M hit a nearly three-year high of Rs 900 with a 7 per cent gain on the back of an over two-fold jump in average trading volumes. Meanwhile, shares of Exide Industries …
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 …
