Amara Raja Batteries surged 4.44% to Rs 161 at 12:24 IST on BSE after posting 71.94% growth in net profit to Rs 26.18 crore on 61.59% increase in total income to Rs 318.10 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 161.85 and a low of Rs 154.25 so far during the day. The stock had a 52-week high of Rs 274.90 on
The company has an equity capital of Rs 11.69 crore. Face value per share is Rs 2.
The current price of Rs 161 discounts its Q3 December 2007 annualised EPS of Rs 20.83, by a PE multiple of 7.73.
Amara Raja Batteries’ net profit rose 100.58% to Rs 94.36 crore on 83.12% increase in total income to Rs 1108.94 crore in the year ended March 2008 over the year ended March 2007.
The company manufactures and markets lead acid storage batteries.
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