Buy Amara Raja Batteries, target Rs 825: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Amara Raja Batteries with a target price of Rs 825.

The current market price of Amara Raja Batteries is Rs 777.80.

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

Kunal Bothra recommended to keep a stop loss at Rs 755.

Amara Raja Batteries, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 13,285.80 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.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 170,812,500 shares outstanding.