Amara Raja Batteries (ARBL), a manufacturer of advanced lead acid batteries for industrial and automotive applications, is planning to frame a strategy blueprint to get a dominant position in the Indian storage battery sector. For this, it is likely to make an investment of about Rs 700-crore with project comprising both brownfield expansion at the existing facility in Tirupati and a Greenfield facility near Chittoor. The proposed expansion is expected to be completed by FY15.
Amara Raja Batteries is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
| Company Name | CMP |
|---|---|
| Exide Inds | 331.05 |
| Amara Raja Energy | 767.05 |
| HBL Engineering | 775.90 |
| Eveready Inds. India | 305.75 |
| Indo-National | 326.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: