Amara Raja
Amara Raja Batteries Intraday Buy Call
Submitted by Shilpa Mahapatre on Fri, 11/20/2009 - 17:39.
Stock market analysts have maintained 'buy' rating on Amara Raja Batteries Ltd with an intraday target of Rs 182.
According to them, interested traders can purchase the stock above RS 180 with a strict stop loss of Rs 175.
If the stock markets remain on the positive path then the stock price will hit a target above Rs 185.
Shares of the company, on Thursday (Nov 19), closed at Rs 179.80 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 171.90 and a low of Rs 30.50 on BSE.
Current EPS & P/E ratio of the stock stood at 16.59 & 10.79 respectively.
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