Buy Amara Raja Batteries, target Rs 800: Kunal Bothra

Buy Amara Raja Batteries Ltd. at a price target of Rs 800.0 and a stop loss at Rs 740 from entry point.

Independent analyst Kunal Bothra has a buy call on Amara Raja Batteries with a target price of Rs 800.

The current market price of Amara Raja Batteries is Rs 762.30.

Time period given by the analyst is 'Intra Day' when Amara Raja Batteries price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 740.

Amara Raja Batteries, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 13,021.04 Crore) operating in Auto Ancillaries sector.

The company’s top management includes Dr.Ramachandra N Galla, Mr.Jayadev Galla, Mr.N Sri Vishnu Raju, Mr.Nagarjun Valluripalli, Mr.T R Narayanaswamy, Mr.Trent Moore Nevill, Ms.Bhairavi Tushar Jani.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-12-2017, the company has a total of 170,812,500 shares outstanding.
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