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Stock Price going up
Posted by :
shrinyThe way this company is showing the performances, it is definite Bonus candidate by April 2010. Before that it will cross 208/- by Jan / Feb10....
Stock Price going up
Posted by :
hillyshort bhel likely to touch below 2230...
Stock Price going up
Posted by : shrinyThe way this company is showing the performances, it is definite Bonus candidate by April 2010. Before that it will cross 208/- by Jan / Feb10....
Rerating on Cards
Posted by : prakashcdrdue to poor performance of market today the stock could not perform as per its potential. however,it made 52 weeks high.watch out for next few days...
NSE Announcements on Amara Raja Batt
Posted by : MMB MessengerAmara Raja Batteries Ltd has informed the Exchange that the Board of Directors 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....
NSE Announcements on Amara Raja Batt
Posted by : MMB MessengerAmara Raja Batteries Ltd has informed the Exchange regarding a media release dated October 28, 2009, titled "Amara Raja Q2 net profit grows 155% to Rs. 479 million; Enhanced medium VRLA capacity goes on stream". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
Rerating on Cards
Posted by : shrinyTomorrow price is Rs.185/-. Do you really mean it..?...
BSE Announcements on Amara Raja Batt
Posted by : MMB MessengerAmara Raja Batteries Ltd has informed BSE regarding a media release dated October 28, 2009, titled "Amara Raja Q2 net profit grows 155% to Rs. 479 million; Enhanced medium VRLA capacity goes on stream"...
Rerating on Cards
Posted by : prakashcdrBe prepared for upper circuit tommorow...
BSE Announcements on Amara Raja Batt
Posted by : MMB Messenger
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 : GuestIf 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
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 MessengerAmara Raja Batteries Ltd has informed BSE about the financial results for the Quarter ended September 30, 2009....
Rerating on Cards
Posted by : valueseek
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
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...
