The ability to pass on lead price increase to customers and smooth transition to L-ion cells will determine profitability in the near term
Motilal Oswal recommended Neutral rating on Amara Raja with a target price of Rs 940 in its research report dated November 08, 2025.
Motilal Oswal recommended Neutral rating on Amara Raja with a target price of Rs 1030 in its research report dated October 01, 2025.
Motilal Oswal recommended Neutral rating on Amara Raja with a target price of Rs 1030 in its research report dated August 18, 2025.
Exide Industries also confirmed that it is supplying auxiliary batteries for E2W and E4W to auto OEMs. The company has been seeing a rising demand for advanced batteries, as faster urbanization powers vehicle demand.
Centre's move addresses a key regulatory overhang, and ensures a smoother import process for EV battery components. The move is expected to benefit battery makers by lowering compliance risks and encouraging investment.
In the race to be among the first for lithium ion cell manufacturers in India, says chairman Jayadev Galla
Lead prices, which account for around 60 percent of the total battery cost, are higher than the pre-Covid levels and unlikely to come off soon
Amara Raja stock has zoomed 110 percent in the past year, more than doubling investors' capital. In comparison, Nifty rose 23 percent during this period.
Amara Raja Advanced Cell Technologies is building a 16 GWH lithium-ion cell production and battery pack assembly facility in Telangana. After attaining 50 percent of the desired output, it will look for stake dilution.
Amara Raja Energy & Mobility is establishing its Gigacorridor for battery pack and cell manufacturing with an overall capacity of 5GWh and 16GWh respectively by 2029.
Kant also said that transition to low carbon technologies relies hugely on Lithium-ion technologies which are crucial for powering Electric Vehicles and New Energy sectors
Motilal Oswal recommended Neutral rating on Amara Raja with a target price of Rs 1390 in its research report dated August 05, 2024.
This partnership is focused on supporting the expansion of India's electric vehicle market and advancing the localization of EV technologies, Amara Raja said.
The Hyderabad-based firm will begin the first phase of the 5 GWh battery pack assembly unit in the near term, says Harshavardhana Gourineni.