Amara Raja Batteries Ltd spurts 0.59%, gains for five straight sessions

Capital Market 

Amara Raja Batteries Ltd is quoting at Rs 635.35, up 0.59% on the day as on 12:49 IST on the NSE. The stock is down 30.86% in last one year as compared to a 27.82% gain in NIFTY and a 15.3% gain in the Nifty Auto.

Amara Raja Batteries Ltd rose for a fifth straight session today. The stock is quoting at Rs 635.35, up 0.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.73% on the day, quoting at 17070.9. The Sensex is at 57258.23, down 0.76%. Amara Raja Batteries Ltd has dropped around 10.04% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has dropped around 7.82% in last one month and is currently quoting at 10788.75, down 0.49% on the day. The volume in the stock stood at 2.93 lakh shares today, compared to the daily average of 9.34 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 635.95, up 0.54% on the day. Amara Raja Batteries Ltd is down 30.86% in last one year as compared to a 27.82% gain in NIFTY and a 15.3% gain in the Nifty Auto index.

The PE of the stock is 16.6 based on TTM earnings ending September 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, December 06 2021. 13:00 IST
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