Amara Raja Batteries is currently trading at Rs. 831.35, up by 8.10 points or 0.98% from its previous closing of Rs. 823.25 on the BSE.
The scrip opened at Rs. 833.90 and has touched a high and low of Rs. 841.25 and Rs. 825.20 respectively. So far 18674 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 901.90 on 09-May-2018 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. 841.25 and Rs. 780.65 respectively. The current market cap of the company is Rs. 14262.84 crore.
The promoters holding in the company stood at 52.06%, while Institutions and Non-Institutions held 30.59% and 17.35% respectively.
Amara Raja Batteries has incorporated wholly owned subsidiary (WOS) in Sharjah Airport International Free Zone (SAIF Zone) under the name and style ‘Amara Raja Batteries Middle East (FZE)’ on July 31, 2018, with an authorized share capital of 1,50,000 AED (United Arab Emirates Dirham).
The WOS would be engaged in trading of batteries and related products catering to the customers in the Middle East.
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.
