Amararaja batteries whether to buy or sell can be seen in the light that the said company was earlier a leader in batteries in Southern part of India and now it has wrest its control in all over the country and one will find its batteries being sold even in the remotest of the remote part of India. Moreover it has some exclusive tie ups with Indian Army also to supply batteries for their vehicles.
Have a look at the below screenshot which will tell you the reason that why AmaraRaja Batteries can touch 460 mark and remember to buy it as a systematic plan and if you really want to make money with short term holding stocks then must check this link.
The key triggers for it are as listed below:
Have a look at the below screenshot which will tell you the reason that why AmaraRaja Batteries can touch 460 mark and remember to buy it as a systematic plan and if you really want to make money with short term holding stocks then must check this link.
The key triggers for it are as listed below:
- The increase in four wheeler segment which caters for 70% of its revenue.
- Installation of white label ATMs and regular ATMS by banks.
- Growth in telecom segment is going to increase its sales.
Besides above triggers we see that Amara Raja Batteries stock is within a rising trend and it shows that a continued growth will be maintained in the stock.
All those who get into the stock can remain invested in the stock with stop loss as 359. The stock is overall assessed as technically positive for the medium long term as the factors post formation of a stable govt in India is going to act as a catalyst for its growth as economy is now going to roll.
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