Amara Raja Batteries is currently trading at Rs. 839.60, up by 32.40 points or 4.01% from its previous closing of Rs. 807.20 on the BSE.
The scrip opened at Rs. 824.00 and has touched a high and low of Rs. 845.50 and Rs. 817.50 respectively. So far 117933 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 954.55 on 17-May-2017 and a 52 week low of Rs. 665.45 on 07-Nov-2017.
Last one week high and low of the scrip stood at Rs. 845.50 and Rs. 754.45 respectively. The current market cap of the company is Rs. 14332.88 crore.
The promoters holding in the company stood at 52.06%, while institutions and non-institutions held 30.07% and 17.87% respectively.
Amara Raja Batteries (ARBL) has commissioned its Two-Wheeler Battery Plant at the Amara Raja Growth Corridor in Chittoor, Andhra Pradesh.
The first phase of the plant which was commissioned will have a capacity of 5 mn units. The plant will have an ultimate capacity of 17 mn units with an estimated investment of Rs 700 crore taking the total capacity for two-wheeler batteries to 29Mn units. The plant will employ 1300 people at full capacity. It is the most advanced production facility in the country pioneering the use of advanced punched grid making technology for two-wheeler battery manufacturing. The technology ensures best-in-class product performance, higher productivity and improved environmental standards.
Amara Raja Batteries is the flagship company of the group and is engaged in manufacturing of industrial and automotive batteries. The company was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
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|---|---|
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| Amara Raja Energy | 1065.00 |
| HBL Power Sys | 499.45 |
| Eveready Inds. India | 326.95 |
| Indo-National | 573.05 |
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