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Buy Amara Raja Batteries; target of Rs 942: Anand Rathi

Anand Rathi is bullish on Amara Raja Batteries has recommended buy rating on the stock with a target price of Rs 942 in its research report dated October 27, 2020.

October 29, 2020 / 05:05 PM IST
 
 
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Anand Rathi 's research report on Amara Raja Batteries


Amara Raja’s market-share gains in two-wheelers and new business opportunities in telecom would go a long way in building a strong position in its business. We continue to expect market-share gains in the ensuing quarters in 2W batteries.


Outlook


We maintain a Buy at a target of Rs942.


For all recommendations report, click here


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first published: Oct 29, 2020 05:05 pm

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