Battery providers stocks rise, as FM says battery energy storage W/400 MWh capacity to be supported W/Viability Gap funding

Amara Raja Energy & Mobility Ltd. | Batteries | Automobiles | BSE: 500008 | NSE: ARE&M

01 Feb 2023 Evaluate

Stocks of battery providers were trading higher, as the finance minister said that the battery energy storage W/400 MWh capacity will be supported W/Viability Gap funding.

Amara Raja Batteries is currently trading at Rs. 594.35, up by 27.10 points or 4.78% from its previous closing of Rs. 567.25 on the BSE.

Exide Industries is currently trading at Rs. 184.30, up by 3.50 points or 1.94% from its previous closing of Rs. 180.80 on the BSE.

Bosch is currently trading at Rs. 17169.45, up by 160.60 points or 0.94% from its previous closing of Rs. 17008.85 on the BSE.

Peers

Company Name	CMP
Exide Industries	433.05
Amara Raja Energy	796.35
HBL Engineering	770.85
Eveready Inds. India	325.90
Indo-National	327.55
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