Amara Raja Batteries has reduced battery prices by 5% across products. The company has trimmed down its product prices on account of low demand and rising inventory.
Earlier, the company had announced a price hike of 3.5% in March to offset the adverse impact of cost increases across all fronts, mainly on higher lead prices and the weak rupee.
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.
