Wednesday , December 11 2019
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Amara Raja Batteries jumps on reporting 83% rise in Q2 consolidated net profit

Amara Raja Batteries is currently trading at Rs. 709.15, up by 55.15 points or 8.43% from its previous closing of Rs. 654.00 on the BSE.

The scrip opened at Rs. 676.00 and has touched a high and low of Rs. 711.90 and Rs. 676.00 respectively. So far 117489 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 796.00 on 06-Feb-2019 and a 52 week low of Rs. 572.60 on 20-Jun-2019.

Last one week high and low of the scrip stood at Rs. 711.90 and Rs. 651.60 respectively. The current market cap of the company is Rs. 12100.36 crore.

The promoters holding in the company stood at 28.06%, while Institutions and Non-Institutions held 32.12% and 39.82% respectively.

Amara Raja Batteries has reported a rise of 82.03% in its net profit at Rs 218.85 crore for the quarter ended September 30, 2019 as compared to Rs 120.23 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 3.06% at Rs 1,713.26 crore for Q2FY20 as compared Rs 1767.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 81.83% in its net profit at Rs 218.61 crore for the quarter under review as compared to Rs 120.23 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 3.06% at Rs 1,713.26 crore for Q2FY20 as compared Rs 1767.29 crore for the corresponding quarter previous year.