Added to YB: 2025-04-02
Pitch date: 2025-03-29
ARE&M.NS [bullish]
Amara Raja Energy & Mobility Limited
-13.91%
current return
Author Info
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Company Info
Amara Raja Energy & Mobility Limited, together with its subsidiaries, manufactures and sells lead-acid storage batteries for industrial and automotive applications in India and internationally.
Market Cap
INR 156.8B
Pitch Price
INR 989.03
Price Target
2.6K (+210%)
Dividend
1.24%
EV/EBITDA
10.50
P/E
17.50
EV/Sales
1.14
Sector
Electrical Equipment
Category
growth
Amara Raja [NSE:ARE&M] - fully charged for the future
ARE&M.NS: 2nd largest Indian auto battery maker pivoting to Li-ion. 16% market growth, 34% CAGR in EV batteries. Strong financials, 12% rev CAGR, 12-16% margins. ₹95bn Li-ion gigafactory planned. Risks: oversupply, execution, tech disruption. PT ₹2637 (1.56% upside). 19x P/E, 9-11% growth assumed.
Read full article (8 min)