SBI showed healthy loan growth and stable asset quality with the lowest retail slippages among large banks. Its loan-to-deposit ratio is 69%, below the sector average. Core NIM improved by 6 basis points QoQ. Nuvama has a positive outlook, and fresh equity from SBI could address stock concerns.

Hot stocks: Brokerage view on SBI, Amara Raja and UPL

Revenue from operations of the company formerly known as Amara Raja Batteries Ltd. rose to Rs 3,263.05 crore from Rs 2,796.27 crore in the year-ago quarter.

Amara Raja Energy Profit Rises 26% In Q1

Amara Raja Energy & Mobility (ARE&M) has posted about 26 per cent rise in consolidated net profit at Rs 249.12 crore for June quarter FY25.

Amara Raja Energy Q1 FY25 results: Net profit up 26% at Rs 249 crore

Amara Raja Energy & Mobility (ARE&M) has posted about 26 per cent rise in consolidated net profit at Rs 249.12 crore for June quarter FY25. It had reported a net profit of Rs 198.31 crore for April-June period of 2023-24, the company said in an exchange filing on Saturday.

Amara Raja Energy Q1 Results: Profit rises 26% YoY to Rs 249 crore

On standalone basis, the battery manufacturer’s net profit jumped 23.11% to Rs 244.55 crore in Q1 FY25 as against with Rs 198.65 crore in Q1 FY24.

Amara Raja Q1 PAT rises 23% YoY to Rs 245 cr

Amara Raja Energy & Mobility consolidated net profit rises 25.62% in the June 2024 quarter

Ather Energy currently operates two manufacturing facilities in Hosur, Tamil Nadu, for battery production and vehicle assembly

Ather Energy partners with Amara Raja for homegrown e-scooter batteries

Amara Raja Energy & Mobility added 2.06% to Rs 1658.90 after the company said that its wholly owned subsidiary Amara Raja Advanced Cell Technologies (ARACT) will be signing a memorandum of understanding (MoU) with Ather Energy.

Amara Raja gains on pact with Ather Energy for making 2-wheeler battery packs

Amara Raja Advanced Cell Technologies (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility (ARE&M) will be signing a Memorandum of Understanding (MoU) with Ather Energy.

Amara Raja to collaborate with Ather Energy

Ather Energy, based in Bengaluru and focused on electric two-wheelers, is nearing a deal with Amara Raja Energy & Mobility for a battery supply agreement tailored to the Indian market. This partnership aims to cut import reliance and manage supply and price fluctuations. A formal announcement is expected soon, with battery deliveries projected to start within 12 to 18 months.

Ather Energy to sign long-term battery supply contract with Amara Raja

Amara Raja Shares: Buy, Hold Or Sell? Experts Answer On Ask Profit

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Amara Raja Batteries Limited is a manufacturer of lead-acid storage batteries for industrial and automotive applications in India. 