Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksBuy Amara Raja Batteries; target of Rs 907: Anand Rathi

    Buy Amara Raja Batteries; target of Rs 907: Anand Rathi

    Anand Rathi is bullish on Amara Raja Batteries has recommended buy rating on the stock with a target price of Rs 907 in its research report dated October 05, 2020.

    Broker Research
    October 06, 2020 / 12:54 IST

    Anand Rathi 's research report on Amara Raja Batteries

    Its progress in battery technology in automotives would go a long way in Amara Raja Batteries gaining market share in two-wheeler OEM and, possibly, a rub-off effect in the replacement market in the next 2-3 years, in our view.

    Outlook

    We upgrade the stock to a Buy at a target price of Rs907.

    For all recommendations report, click here

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Read More Read More

    Broker Research
    first published: Oct 6, 2020 12:54 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347