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Stocks that will see action today: December 11, 2023 - The Hindu BusinessLine

Stocks that will see action today: December 11, 2023 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Amara Raja Batteries bucks Covid blues, logs strong growth across verticals in FY21

Amara Raja Batteries bucks Covid blues, logs strong growth across verticals in FY21
May 25, 2021
Awaits PLI scheme for new plan
Amara Raja Batteries Limited registered a strong performance in FY21 bucking the disruption caused by the Covid pandemic lockdown by registering a strong volume growth across verticals.
Growth was aided by volumes in both automotive and industrial applications across all customer segments. These sectors witnessed better- than-expected demand in the last two quarters of the last financial year.
The batteries major posted a profit of ₹646.83 crore and income of ₹7237.14 crore for FY21.
The company completed expansion of capacities in 4Ws/2Ws (by 1.5m/3m units to 14m/20m units) and is expected to deploy a capex of about ₹400-450 crore in FY22, according to Motilal Oswal. ....

Anand Rathi , Motilal Oswal , Jayadev Galla , Amara Raja Batteries , High Court , Amara Raja Batteries Limited , Production Linked Incentive , Andhra Pradesh Pollution Control , Managing Director , ஆனந்த் ரதி , மோட்டிலால் ஒசுவள் , ஜெயதேவ் கல்லா , அமரா ராஜா பேட்டரிகள் , உயர் நீதிமன்றம் , அமரா ராஜா பேட்டரிகள் வரையறுக்கப்பட்டவை , ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , ஆந்திரா பிரதேஷ் பொல்யூஶந் கட்டுப்பாடு , நிர்வகித்தல் இயக்குனர் , சர்வதேச பரவல் ,