Buy Amara Raja Batteries, target Rs 890: Jay Thakkar
Buy Amara Raja Batteries Ltd. at a price target of Rs 890.0 and a stop loss at Rs 810 from entry point.
The current market price of Amara Raja Batteries is Rs 832.90.
Time period given by the analyst is intraday when Amara Raja Batteries price can reach defined target.
Jay Thakkar recommended to keep a stop loss at Rs 810.
Amara Raja Batteries, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 14,226.97 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.
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