TheScreener - Amara Raja Batteries (AMARAJABAT) AMARA RAJA BATTERIES sees an upgrade to Slightly Positive due to a better fundamental star rating

Report

TheScreener

EUR 13.79 For Business Accounts Only

AMARA RAJA BATTERIES sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of AMARA RAJA BATTERIES (IN), a company active in the Automobiles industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 2 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 14, 2022, the closing price was INR 639.05 and its potential was estimated at INR 715.10.

15/01/2022 1 EN

Underlying

Amara Raja Batteries

Amara Raja Batteries engaged in the manufacture and sale of lead acid storage batteries for industrial and automotive applications in India. Co.'s industrial products include Powerstack batteries for use in telecommunications, power utilities, railways, defense, and other heavy industrial applications; and Amaron Quanta, a UPS battery with a back-up for a back-up. Co. offers automotive products, which include PRO, FLO, GO, Black, Fresh, Hi-way, Harvest, Shield, Pro Bike rider, and Optima batteries under the Amaron brand name. Co. supplies automotive batteries to various original equipment manufacturers.

See profile

INE885A01032 National Stock Exchange of India India

Provider

TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.

See profile

Other Reports on these Companies

Motilal Oswal

MOSL : AMARA RAJA: Beats estimates; Cut FY23 estimates by 11%

. AMARA RAJA: Beats estimates; Cut FY23 estimates by 11% (AMRJ IN, Mkt Cap USD1.1b, CMP INR505, TP INR555, 10% Upside, Neutral) Margin should see a recovery due to softening of lead prices AMRJ's 1QFY23 earnings were led by strong revenue growth across segments. High RM costs continued to impact margin. The recent moderation in lead prices will aid a margin recovery. Volumes should see good growth across segments in FY23. We lower out FY23 earnings by 11% due to a cut in margin, whereas we raise our FY24 earnings by 11% to factor in an upgrade in revenue and the lowering of depreciation...

EUR 120.00

August 8, 2022 August 8, 2022 10 EN

Motilal Oswal

MOSL: AMARA RAJA (Neutral)-Cost pressures dilute benefit from strong revenue growth

AMARA RAJA: Cost pressures dilute benefit from strong revenue growth (AMRJ IN, Mkt Cap USD1.6b, CMP INR697, TP INR780, 12% Upside, Neutral) AMRJ’s 2QFY22 performance was in line, as RM cost pressures were diluted by strong revenue growth. Near term headwinds (rising RM prices) could affect a recovery in margin. The company has taken the first steps towards its next phase of growth in the new energy business by supplying Li-ion battery pack to 3Ws, but it is yet to finalize its full-fledged entry into lithium cell manufacturing. We cut our FY22E/FY23E EPS estimate by 7%/6% to account fo...

EUR 120.00

November 13, 2021 November 13, 2021 12 EN

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

AC ENERGY CORP (PH), a company active in the Alternative Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 8, 2022, the closing price was PHP 8.54 and its expected value was estimated at PHP 8.53.

Free Trial

April 9, 2022 April 9, 2022 1 EN

With a more favourable environment, VUKILE PROPERTY improves to Positive

VUKILE PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was ZAR 13.72 and its potential was estimated at ZAR 15.16.

Free Trial

April 6, 2022 April 6, 2022 1 EN

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ROYAL BAFOKENG PLATINUM (ZA), active in the Platinum & Precious Metals industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 5, 2022, the closing price was ZAR 159.78 and its target price was estimated at ZAR 127.50.

Free Trial

April 6, 2022 April 6, 2022 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

AMARA RAJA BATTERIES sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

MOSL : AMARA RAJA: Beats estimates; Cut FY23 estimates by 11%

MOSL: AMARA RAJA (Neutral)-Cost pressures dilute benefit from strong revenue growth

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe