Among Nifty 200 companies, BPCL, Tata Motors, Oberoi Realty, ACC, and Dalmia Bharat attracted the biggest earnings-per-stock upgrades from Ambit Capital.
ICICIdirect.com has recommended to hold Amara Raja Batteries with a target price of Rs 932, in its research report dated January 29, 2015.
ICICIdirect.com is bullish on Amara Raja Batteries (ARBL) and has recommended buy rating on the stock with a target price of Rs 380 in its November 18, 2013 research report.
Nirmal Bang has come out with its report on automobile ancillary - battery. According to the research firm, Exide Industries (EIL) and Amara Raja Batteries (ARBL) are expected to post strong earnings CAGRs of 21% and 15%, respectively. One can buy these stocks.
Suresh Kalyan, CFO of Amara Raja Batteries, in an interview with CNBC-TV18's Reema Tendulkar and Ekta Batra, feels that the replacement market has much better margins compared to OEM market.