Amara Raja Batteries

Rerating on Cards

Posted by : prakashcdr
Price when posted : BSE: Rs 156.15 ( 4.73 % ), NSE: Rs. 155.90 ( 4.14 % )

Be prepared for upper circuit tommorow...

BSE Announcements on Amara Raja Batt

Posted by : MMB Messenger
Price when posted : [Amara Raja Batt - BSE:Rs. 156.15 NSE:Rs. 41.30 when posted]

Amara Raja Batteries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 28, 2009, inter alia, have considered and approved the following:

1. Resignation of Mr. Raymond J Brown from the Board of Directors.

2. Cessation of the alternate Directorship of Mr. Frank E. Kraick consequent to the resignation of Mr. Raymond J. Brown.

3. Appointment of Mr. Jorge A. Gonzalez as a Director.
...

Rerating on Cards

Posted by : Guest
Price when posted : BSE: Rs 156.15 ( 4.73 % ), NSE: Rs. 155.90 ( 4.14 % )

If you compare Amara Raja results with Exide, you will find Revenue Growth for the qtr for both companies is almost nil but in case of Exide, decrease in RM cost is 40% whereas in case of Amara Raja RM cost is same as per last qtr. Means Exide has procured its RM more efficiently. Amaron has been able to show bottomline because of exceptional item effect of 15Cr for the qtr that is because last year it has charged off currency exchange gain/loss in P&L. At operational level, Exide has performed much better for the qtr. Exide has given more than 90% growth in net profit whereas Amaron has given less than 50% excl exceptional items....

Rerating on Cards

Posted by : jaycee101
Price when posted : BSE: Rs 156.15 ( 4.73 % ), NSE: Rs. 155.90 ( 4.14 % )

EPS should be more like 21-22. But yes, stock should be re rated. Being a small cap, it is getting missed. Exide does less than 3 times its turnover (with similar margins) but trades at 6 times its market cap.

Even if one excludes the valuation of ING vyasya Life stake, the gap is huge.

I believe Amara has more headroom to grow and that too in a growing industry. The pie is getting bigger and Amara will definitely get a better share of the pie.

In march 08, it was trading 13x FY08 earnings. price has gone down and come back to same level. Earnings have doubled.
At 7x FY10 earnings, it is a no brainer. ...

BSE Announcements on Amara Raja Batt

Posted by : MMB Messenger
Price when posted : [Amara Raja Batt - BSE:Rs. 156.15 NSE:Rs. 41.30 when posted]

Amara Raja Batteries Ltd has informed BSE about the financial results for the Quarter ended September 30, 2009....

Rerating on Cards

Posted by : valueseek
Price when posted : BSE: Rs 154.00 ( 3.29 % ), NSE: Rs. 153.50 ( 2.54 % )

Rapidly growing vehicle and industrial battery market: huge replacement demand, all growth being funded by internal accruals, leader in several battery segments, no 2 in OE: EPS of ~25 in FY 2010.

Both Exide and Amara Raja are like Asian Paints: replacement demand will continue to drive business: paints: home repainting every 5 to 7 years with house base increasingly every year. Likewise battery need to be replaced and the base population of batteries keeps growing every year.

Significant re-rating possibility for Amara: should quote at 12 to 13 times FY 10 earnings ie Rs. 300.
...

AMARA RAJA Q2 Numbers Out

Posted by : pms.swastika
Price when posted : BSE: Rs 155.90 ( 4.56 % ), NSE: Rs. 156.50 ( 4.54 % )

AMARA RAJA Q2 Numbers Out:

Net Profit at Rs. 48.00 Cr Vs Rs. 19.00 Cr (+152.63%) (YoY)
Net Sales at Rs. 361.00 Cr Vs Rs. 340.00 Cr (+6.18%) (YoY)

Regards
Swastika PMS...

any updates?

Posted by : htf_designs
Price when posted : BSE: Rs 149.80 ( 1.87 % ), NSE: Rs. 148.25 ( 0.75 % )

any updates on the exclusive deal for batteries for baja auto?..it is supposed to be in the very final stage!...any revised target for the script?...

Lead Prices zoom above $2400 per ton

Posted by : tara23
Price when posted : BSE: Rs 138.10 ( -1.99 % ), NSE: Rs. 138.45 ( -1.81 % )

it may touch 150 rupees in this run......

Lead Prices zoom above $2400 per ton

Posted by : GreyFool
Price when posted : BSE: Rs 136.00 ( 8.07 % ), NSE: Rs. 136.00 ( 7.89 % )

Amara usually lags in passing on the price increases so earnings are likely to be subdued in second half relative to q1 & possibly q2. Now companies are unlikely to have much inventory gains left with lead prices much higher compared to last yr. Time to be cautious......

NSE Announcements on Amara Raja Batt

Posted by : suman.lata78
Price when posted : BSE: Rs 140.25 ( 7.47 % ), NSE: Rs. 140.50 ( 8.12 % )

i bought this share today and got 10 % increase. great ...

NSE Announcements on Amara Raja Batt

Posted by : MMB Messenger
Price when posted : [Amara Raja Batt - BSE:Rs. 131.55 NSE:Rs. 41.30 when posted]

Amara Raja Batteries Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Amara Raja Batt

Posted by : MMB Messenger
Price when posted : [Amara Raja Batt - BSE:Rs. 128.15 NSE:Rs. 41.30 when posted]

Amara Raja Batteries Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2009. ...

undervalued

Posted by : nidhya
Price when posted : BSE: Rs 128.90 ( 1.38 % ), NSE: Rs. 129.20 ( 1.97 % )

the company managed a profit of 40 cro
in the first quarter. auto sales are rising very sharply.the company should manage atleast a profit of 160 cr.considering its growth potential a pe of atleast 10, should give a market cap of around 1600 cr, which is an upside of around 50%
would like others to point out the flaw in reasoning

nidhya ...

SINTEX A BEST BUY !

Posted by : DEKSTAR
Price when posted : BSE: Rs 126.15 ( -2.29 % ), NSE: Rs. 126.70 ( -2.24 % )

pl post sintex in sintex stock not in amarraja....