Feedback
Make this your Home
Search: Messages    Stock    Boarder
 
Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Ads by Google
Moneycontrol.com >> Messageboard >> Stocks >> Amara Raja Batt >> Rerating on Cards
   You are here :     Moneycontrol     MMB    Stocks      Amara Raja Batt                         Most active discussions of 2006 , 2007 & 2008
Rerating on Cards (6)   28-Oct-09 15:15Track this thread   Tracked by (0)  
Posted by:   valueseek on ( 28-Oct-09 15:15 )
Price : 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.
3 replies to this message   Reply to this post | Rate message | Click if Offensive 

Dekha Hai Maine Tumhe
It's The Time To Disco
Gunmaster G-9
Dard-E-Disco
Sara Zamana
Jimmy Jimmy Jimmy Aaja
Auva Auva Koi Yahan Nache
more disco songs

What the stars foretell

Bejan Daruwala

Ganeshaspeaks: Market prediction for Nov 24

View all astrologers

India over 10 years

See whats improved/ worsended

FII Investments »
FDI »
Exports »
Imports »
GNP »
See all »

Poll 

Will you buy RIL post the non-binding cash offer for Lyondellbasell?

Yes No
Can't Say  
To SMS your queries to us Type YS < Your query > SMS to 51818
Stocks to be discussed next:
|  ABG Shipyard |  Bajaj Hindustan |  Jaiprakash Asso |  JSW Steel |  Suzlon Energy |  Patni Computer |  Unitech 
 view all queries »