SlideShare una empresa de Scribd logo
1 de 4
Descargar para leer sin conexión
BUY TO SELL STOCKS FOR SHORT TERM GAINS
19th
March 2014
AMARA RAJA BATTERIES BUY POTENTIAL UPSIDE: 16.7%
CURRENT MARKET PRICE: 366.75 TARGET PRICE: 428.00
BSE Code 500008 Market Cap (Crores) 6264.55
NSE Code AMARAJABAT P/E 18.05
Book Value 78.87 EPS 20.31
Face Value 1 Dividend Yield % 0.69
STOCK RECOMMENDATION
15% @ 90 DAYS – MAR 2014
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Amara Raja Batteries & Nifty:
Nifty: 14.6% Amara Raja Batteries: 34.7%
Stock Resistance and Support:
1st
Resistance – 385 1st
Support – 350
2nd
Resistance – 410 2nd
Support – 325
15% @ 90 DAYS – MAR 2014
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Amara Raja Batteries (Rs. In Millions)
Particulars Dec 2013 Sep 2013 Jun 2013 Mar 2013
Audited / UnAudited UA UA UA UA
Net Sales 8629.3 8071.2 8937.55 8037.54
Total Expenditure 7126.1 6651.2 7483.55 6918.45
PBIDT(Excl OI) 1503.2 1420 1454 1119.09
Other Income 72.8 73.7 96.47 71.1
OperatingProfit 1576 1493.7 1550.47 1190.14
Interest 0.3 0.5 0.35 2.7
Exceptional Items 0 0 0 1.99
PBDT 1575.7 1493.2 1550.12 1189.43
Depreciation 156.8 154.2 145.17 267.34
ProfitBeforeTax 1418.9 1339 1404.95 922.09
Tax 468.8 393.2 426.92 326.1
Provisionsand contingencies 0 0 0 0
ProfitAfter Tax 950.1 945.8 978.03 596
Extraordinary Items 0 0 0 0
Prior Period Expenses 0 0 0 0
Other Adjustments 0 0 0 0
Net Profit 950.1 945.8 978.03 596
Equity Capital 170.8 170.8 170.81 170.81
FaceValue(INRS) 1 1 1 1
Reserves
Calculated EPS 5.56 5.54 5.73 3.49
Calculated EPS (Annualised) 22.25 22.15 22.9 13.96
No of PublicShareHoldings 81885048 81885048 81885048 81885048
% of Public ShareHoldings 47.94 47.94 47.94 47.94
15% @ 90 DAYS – MAR 2014
- 4 - SARAL GYAN CAPITAL SERVICES
Basis of Recommendation:
i) Technical Analysis
Disclaimer:
Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company.
© SARAL GYAN CAPITAL SERVICES
This Service is provided on an "As Is" basis by saral gyan capital services. Saral gyan capital
services and its affiliates disclaim any warranty of any kind, imputed by the laws of any
jurisdiction, whether express or implied, as to any matter whatsoever relating to the S ervice,
including without limitation the implied warranties of merchantability, fitness for a particular
purpose. Neither saral gyan capital services nor its affiliates will be responsible for any loss or
liability incurred to the user as a consequence of his or any other person on his behalf taking any
investment decisions based on the above recommendation. Use of the Service is at any persons,
including a Customer's, own risk. The investments discussed or recommended through this
service may not be suitable for all investors. Investors must make their own investment decisions
based on their specific investment objectives and financial position and using such independent
advisors as they believe necessary. Information herein is believed to be reliable but saral gyan
capital services and its affiliates do not warrant its completeness or accuracy. The service should
not be construed to be an advertisement for solicitation for buying or selling of any securities.

Más contenido relacionado

La actualidad más candente

Saral Gyan - 15% @ 90 Days - Oct 2016
Saral Gyan - 15% @ 90 Days - Oct 2016Saral Gyan - 15% @ 90 Days - Oct 2016
Saral Gyan - 15% @ 90 Days - Oct 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Mar 2015
Saral Gyan - 15% @ 90 Days - Mar 2015Saral Gyan - 15% @ 90 Days - Mar 2015
Saral Gyan - 15% @ 90 Days - Mar 2015SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - August 2016
Saral Gyan - 15% @ 90 Days - August 2016Saral Gyan - 15% @ 90 Days - August 2016
Saral Gyan - 15% @ 90 Days - August 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - April 2016
Saral Gyan - 15% @ 90 Days - April 2016Saral Gyan - 15% @ 90 Days - April 2016
Saral Gyan - 15% @ 90 Days - April 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Jan 2016
Saral Gyan - 15% @ 90 Days - Jan 2016Saral Gyan - 15% @ 90 Days - Jan 2016
Saral Gyan - 15% @ 90 Days - Jan 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Jun 2016
Saral Gyan - 15% @ 90 Days - Jun 2016Saral Gyan - 15% @ 90 Days - Jun 2016
Saral Gyan - 15% @ 90 Days - Jun 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Feb 2017
Saral Gyan - 15% @ 90 Days - Feb 2017Saral Gyan - 15% @ 90 Days - Feb 2017
Saral Gyan - 15% @ 90 Days - Feb 2017SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Nov 2016
Saral Gyan - 15% @ 90 Days - Nov 2016Saral Gyan - 15% @ 90 Days - Nov 2016
Saral Gyan - 15% @ 90 Days - Nov 2016SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - March 2017
Saral Gyan - 15% @ 90 Days -  March 2017Saral Gyan - 15% @ 90 Days -  March 2017
Saral Gyan - 15% @ 90 Days - March 2017SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - April 2014
Saral Gyan - 15% @ 90 Days - April 2014Saral Gyan - 15% @ 90 Days - April 2014
Saral Gyan - 15% @ 90 Days - April 2014SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - May 2017
Saral Gyan - 15% @ 90 Days - May 2017Saral Gyan - 15% @ 90 Days - May 2017
Saral Gyan - 15% @ 90 Days - May 2017SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - June 2017
Saral Gyan - 15% @ 90 Days - June 2017Saral Gyan - 15% @ 90 Days - June 2017
Saral Gyan - 15% @ 90 Days - June 2017SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Jan 2019
Saral Gyan - 15% @ 90 Days - Jan 2019Saral Gyan - 15% @ 90 Days - Jan 2019
Saral Gyan - 15% @ 90 Days - Jan 2019SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Aug 2017
Saral Gyan - 15% @ 90 Days - Aug 2017Saral Gyan - 15% @ 90 Days - Aug 2017
Saral Gyan - 15% @ 90 Days - Aug 2017SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Feb 2018
Saral Gyan - 15% @ 90 Days - Feb 2018Saral Gyan - 15% @ 90 Days - Feb 2018
Saral Gyan - 15% @ 90 Days - Feb 2018SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Sept 2018
Saral Gyan - 15% @ 90 Days - Sept 2018Saral Gyan - 15% @ 90 Days - Sept 2018
Saral Gyan - 15% @ 90 Days - Sept 2018SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Nov 2017
Saral Gyan - 15% @ 90 Days - Nov 2017Saral Gyan - 15% @ 90 Days - Nov 2017
Saral Gyan - 15% @ 90 Days - Nov 2017SaralGyanTeam
 
MFSL's recommendations have given 94% return in a year
MFSL's recommendations have given 94% return in a yearMFSL's recommendations have given 94% return in a year
MFSL's recommendations have given 94% return in a yearvikasmunoth
 
Saral Gyan - 15% @ 90 Days - Oct 2018
Saral Gyan - 15% @ 90 Days - Oct 2018Saral Gyan - 15% @ 90 Days - Oct 2018
Saral Gyan - 15% @ 90 Days - Oct 2018SaralGyanTeam
 
ACC: Buy for a target of Rs1650
ACC: Buy for a target of Rs1650ACC: Buy for a target of Rs1650
ACC: Buy for a target of Rs1650IndiaNotes.com
 

La actualidad más candente (20)

Saral Gyan - 15% @ 90 Days - Oct 2016
Saral Gyan - 15% @ 90 Days - Oct 2016Saral Gyan - 15% @ 90 Days - Oct 2016
Saral Gyan - 15% @ 90 Days - Oct 2016
 
Saral Gyan - 15% @ 90 Days - Mar 2015
Saral Gyan - 15% @ 90 Days - Mar 2015Saral Gyan - 15% @ 90 Days - Mar 2015
Saral Gyan - 15% @ 90 Days - Mar 2015
 
Saral Gyan - 15% @ 90 Days - August 2016
Saral Gyan - 15% @ 90 Days - August 2016Saral Gyan - 15% @ 90 Days - August 2016
Saral Gyan - 15% @ 90 Days - August 2016
 
Saral Gyan - 15% @ 90 Days - April 2016
Saral Gyan - 15% @ 90 Days - April 2016Saral Gyan - 15% @ 90 Days - April 2016
Saral Gyan - 15% @ 90 Days - April 2016
 
Saral Gyan - 15% @ 90 Days - Jan 2016
Saral Gyan - 15% @ 90 Days - Jan 2016Saral Gyan - 15% @ 90 Days - Jan 2016
Saral Gyan - 15% @ 90 Days - Jan 2016
 
Saral Gyan - 15% @ 90 Days - Jun 2016
Saral Gyan - 15% @ 90 Days - Jun 2016Saral Gyan - 15% @ 90 Days - Jun 2016
Saral Gyan - 15% @ 90 Days - Jun 2016
 
Saral Gyan - 15% @ 90 Days - Feb 2017
Saral Gyan - 15% @ 90 Days - Feb 2017Saral Gyan - 15% @ 90 Days - Feb 2017
Saral Gyan - 15% @ 90 Days - Feb 2017
 
Saral Gyan - 15% @ 90 Days - Nov 2016
Saral Gyan - 15% @ 90 Days - Nov 2016Saral Gyan - 15% @ 90 Days - Nov 2016
Saral Gyan - 15% @ 90 Days - Nov 2016
 
Saral Gyan - 15% @ 90 Days - March 2017
Saral Gyan - 15% @ 90 Days -  March 2017Saral Gyan - 15% @ 90 Days -  March 2017
Saral Gyan - 15% @ 90 Days - March 2017
 
Saral Gyan - 15% @ 90 Days - April 2014
Saral Gyan - 15% @ 90 Days - April 2014Saral Gyan - 15% @ 90 Days - April 2014
Saral Gyan - 15% @ 90 Days - April 2014
 
Saral Gyan - 15% @ 90 Days - May 2017
Saral Gyan - 15% @ 90 Days - May 2017Saral Gyan - 15% @ 90 Days - May 2017
Saral Gyan - 15% @ 90 Days - May 2017
 
Saral Gyan - 15% @ 90 Days - June 2017
Saral Gyan - 15% @ 90 Days - June 2017Saral Gyan - 15% @ 90 Days - June 2017
Saral Gyan - 15% @ 90 Days - June 2017
 
Saral Gyan - 15% @ 90 Days - Jan 2019
Saral Gyan - 15% @ 90 Days - Jan 2019Saral Gyan - 15% @ 90 Days - Jan 2019
Saral Gyan - 15% @ 90 Days - Jan 2019
 
Saral Gyan - 15% @ 90 Days - Aug 2017
Saral Gyan - 15% @ 90 Days - Aug 2017Saral Gyan - 15% @ 90 Days - Aug 2017
Saral Gyan - 15% @ 90 Days - Aug 2017
 
Saral Gyan - 15% @ 90 Days - Feb 2018
Saral Gyan - 15% @ 90 Days - Feb 2018Saral Gyan - 15% @ 90 Days - Feb 2018
Saral Gyan - 15% @ 90 Days - Feb 2018
 
Saral Gyan - 15% @ 90 Days - Sept 2018
Saral Gyan - 15% @ 90 Days - Sept 2018Saral Gyan - 15% @ 90 Days - Sept 2018
Saral Gyan - 15% @ 90 Days - Sept 2018
 
Saral Gyan - 15% @ 90 Days - Nov 2017
Saral Gyan - 15% @ 90 Days - Nov 2017Saral Gyan - 15% @ 90 Days - Nov 2017
Saral Gyan - 15% @ 90 Days - Nov 2017
 
MFSL's recommendations have given 94% return in a year
MFSL's recommendations have given 94% return in a yearMFSL's recommendations have given 94% return in a year
MFSL's recommendations have given 94% return in a year
 
Saral Gyan - 15% @ 90 Days - Oct 2018
Saral Gyan - 15% @ 90 Days - Oct 2018Saral Gyan - 15% @ 90 Days - Oct 2018
Saral Gyan - 15% @ 90 Days - Oct 2018
 
ACC: Buy for a target of Rs1650
ACC: Buy for a target of Rs1650ACC: Buy for a target of Rs1650
ACC: Buy for a target of Rs1650
 

Similar a BUY AMARA RAJA BATTERIES FOR SHORT TERM GAINS

Saral Gyan 15% @ 90 Days - Jan 2014
Saral Gyan 15% @ 90 Days - Jan 2014Saral Gyan 15% @ 90 Days - Jan 2014
Saral Gyan 15% @ 90 Days - Jan 2014SaralGyanTeam
 
Saral Gyan 15% @ 90 Days - May 2014
Saral Gyan 15% @ 90 Days - May 2014Saral Gyan 15% @ 90 Days - May 2014
Saral Gyan 15% @ 90 Days - May 2014SaralGyanTeam
 
Saral Gyan - 15% @ 90 Days - Feb 2019
Saral Gyan - 15% @ 90 Days - Feb 2019Saral Gyan - 15% @ 90 Days - Feb 2019
Saral Gyan - 15% @ 90 Days - Feb 2019SaralGyanTeam
 
Morning tea 29 07-2016
Morning tea 29 07-2016Morning tea 29 07-2016
Morning tea 29 07-2016Choice Equity
 
MobileIron s1 filing analysis
MobileIron s1 filing analysisMobileIron s1 filing analysis
MobileIron s1 filing analysisBob Egan
 
Daily Equity News Letter for Trading
Daily Equity News Letter for TradingDaily Equity News Letter for Trading
Daily Equity News Letter for TradingSelf-employed
 
Saral Gyan - 15% @ 90 Days - Dec 2017
Saral Gyan - 15% @ 90 Days -  Dec 2017Saral Gyan - 15% @ 90 Days -  Dec 2017
Saral Gyan - 15% @ 90 Days - Dec 2017SaralGyanTeam
 
Daily Equity and Stock Market Report
 Daily Equity and Stock Market Report Daily Equity and Stock Market Report
Daily Equity and Stock Market ReportSelf-employed
 
Daily equity and stock market news report
Daily equity and stock market news reportDaily equity and stock market news report
Daily equity and stock market news reportSelf-employed
 
Daily equity and stock market news report
Daily equity and stock market news reportDaily equity and stock market news report
Daily equity and stock market news reportSelf-employed
 
Today’s Special Report on Equity Market
Today’s Special Report on Equity MarketToday’s Special Report on Equity Market
Today’s Special Report on Equity MarketSelf-employed
 
Daily Derivatives Report:25 March 2020
Daily Derivatives Report:25 March 2020Daily Derivatives Report:25 March 2020
Daily Derivatives Report:25 March 2020Axis Direct
 
Weekly report doc 6 may
Weekly report doc 6 mayWeekly report doc 6 may
Weekly report doc 6 maypihusharma29
 

Similar a BUY AMARA RAJA BATTERIES FOR SHORT TERM GAINS (14)

Saral Gyan 15% @ 90 Days - Jan 2014
Saral Gyan 15% @ 90 Days - Jan 2014Saral Gyan 15% @ 90 Days - Jan 2014
Saral Gyan 15% @ 90 Days - Jan 2014
 
Saral Gyan 15% @ 90 Days - May 2014
Saral Gyan 15% @ 90 Days - May 2014Saral Gyan 15% @ 90 Days - May 2014
Saral Gyan 15% @ 90 Days - May 2014
 
Saral Gyan - 15% @ 90 Days - Feb 2019
Saral Gyan - 15% @ 90 Days - Feb 2019Saral Gyan - 15% @ 90 Days - Feb 2019
Saral Gyan - 15% @ 90 Days - Feb 2019
 
Morning tea 29 07-2016
Morning tea 29 07-2016Morning tea 29 07-2016
Morning tea 29 07-2016
 
MobileIron s1 filing analysis
MobileIron s1 filing analysisMobileIron s1 filing analysis
MobileIron s1 filing analysis
 
Daily Equity News Letter for Trading
Daily Equity News Letter for TradingDaily Equity News Letter for Trading
Daily Equity News Letter for Trading
 
Saral Gyan - 15% @ 90 Days - Dec 2017
Saral Gyan - 15% @ 90 Days -  Dec 2017Saral Gyan - 15% @ 90 Days -  Dec 2017
Saral Gyan - 15% @ 90 Days - Dec 2017
 
Daily Equity and Stock Market Report
 Daily Equity and Stock Market Report Daily Equity and Stock Market Report
Daily Equity and Stock Market Report
 
Daily equity and stock market news report
Daily equity and stock market news reportDaily equity and stock market news report
Daily equity and stock market news report
 
Daily equity and stock market news report
Daily equity and stock market news reportDaily equity and stock market news report
Daily equity and stock market news report
 
Today’s Special Report on Equity Market
Today’s Special Report on Equity MarketToday’s Special Report on Equity Market
Today’s Special Report on Equity Market
 
Daily Derivatives Report:25 March 2020
Daily Derivatives Report:25 March 2020Daily Derivatives Report:25 March 2020
Daily Derivatives Report:25 March 2020
 
Acc ltd (1)
Acc  ltd (1)Acc  ltd (1)
Acc ltd (1)
 
Weekly report doc 6 may
Weekly report doc 6 mayWeekly report doc 6 may
Weekly report doc 6 may
 

Más de SaralGyanTeam

Saral Gyan Hidden Gem Oct 2018
Saral Gyan Hidden Gem Oct 2018Saral Gyan Hidden Gem Oct 2018
Saral Gyan Hidden Gem Oct 2018SaralGyanTeam
 
Saral Gyan Hidden Gem - Dec 2016
Saral Gyan Hidden Gem - Dec 2016Saral Gyan Hidden Gem - Dec 2016
Saral Gyan Hidden Gem - Dec 2016SaralGyanTeam
 
Saral Gyan Hidden Gem - Jun 2017
Saral Gyan Hidden Gem - Jun 2017Saral Gyan Hidden Gem - Jun 2017
Saral Gyan Hidden Gem - Jun 2017SaralGyanTeam
 
Saral Gyan Hidden Gem - Jun 2016
Saral Gyan Hidden Gem - Jun 2016Saral Gyan Hidden Gem - Jun 2016
Saral Gyan Hidden Gem - Jun 2016SaralGyanTeam
 
Saral Gyan Hidden Gem - Aug 2016
Saral Gyan Hidden Gem - Aug 2016Saral Gyan Hidden Gem - Aug 2016
Saral Gyan Hidden Gem - Aug 2016SaralGyanTeam
 
Saral Gyan Hidden Gem - May 2016
Saral Gyan Hidden Gem - May 2016Saral Gyan Hidden Gem - May 2016
Saral Gyan Hidden Gem - May 2016SaralGyanTeam
 
Saral Gyan Hidden Gem - Nov 2015
Saral Gyan Hidden Gem - Nov 2015Saral Gyan Hidden Gem - Nov 2015
Saral Gyan Hidden Gem - Nov 2015SaralGyanTeam
 
Saral Gyan Hidden Gem - Dec 2012
Saral Gyan Hidden Gem - Dec 2012Saral Gyan Hidden Gem - Dec 2012
Saral Gyan Hidden Gem - Dec 2012SaralGyanTeam
 
Saral Gyan Hidden Gem - March 2015
Saral Gyan Hidden Gem - March 2015Saral Gyan Hidden Gem - March 2015
Saral Gyan Hidden Gem - March 2015SaralGyanTeam
 
Saral Gyan Hidden Gem - Feb 2016
Saral Gyan Hidden Gem - Feb 2016Saral Gyan Hidden Gem - Feb 2016
Saral Gyan Hidden Gem - Feb 2016SaralGyanTeam
 
Saral Gyan Hidden Gem - Sept 2015
Saral Gyan Hidden Gem - Sept 2015Saral Gyan Hidden Gem - Sept 2015
Saral Gyan Hidden Gem - Sept 2015SaralGyanTeam
 
Saral Gyan Hidden Gem - August 2015
Saral Gyan Hidden Gem - August 2015Saral Gyan Hidden Gem - August 2015
Saral Gyan Hidden Gem - August 2015SaralGyanTeam
 
Saral Gyan Hidden Gem - Sept 2014
Saral Gyan Hidden Gem - Sept 2014Saral Gyan Hidden Gem - Sept 2014
Saral Gyan Hidden Gem - Sept 2014SaralGyanTeam
 

Más de SaralGyanTeam (13)

Saral Gyan Hidden Gem Oct 2018
Saral Gyan Hidden Gem Oct 2018Saral Gyan Hidden Gem Oct 2018
Saral Gyan Hidden Gem Oct 2018
 
Saral Gyan Hidden Gem - Dec 2016
Saral Gyan Hidden Gem - Dec 2016Saral Gyan Hidden Gem - Dec 2016
Saral Gyan Hidden Gem - Dec 2016
 
Saral Gyan Hidden Gem - Jun 2017
Saral Gyan Hidden Gem - Jun 2017Saral Gyan Hidden Gem - Jun 2017
Saral Gyan Hidden Gem - Jun 2017
 
Saral Gyan Hidden Gem - Jun 2016
Saral Gyan Hidden Gem - Jun 2016Saral Gyan Hidden Gem - Jun 2016
Saral Gyan Hidden Gem - Jun 2016
 
Saral Gyan Hidden Gem - Aug 2016
Saral Gyan Hidden Gem - Aug 2016Saral Gyan Hidden Gem - Aug 2016
Saral Gyan Hidden Gem - Aug 2016
 
Saral Gyan Hidden Gem - May 2016
Saral Gyan Hidden Gem - May 2016Saral Gyan Hidden Gem - May 2016
Saral Gyan Hidden Gem - May 2016
 
Saral Gyan Hidden Gem - Nov 2015
Saral Gyan Hidden Gem - Nov 2015Saral Gyan Hidden Gem - Nov 2015
Saral Gyan Hidden Gem - Nov 2015
 
Saral Gyan Hidden Gem - Dec 2012
Saral Gyan Hidden Gem - Dec 2012Saral Gyan Hidden Gem - Dec 2012
Saral Gyan Hidden Gem - Dec 2012
 
Saral Gyan Hidden Gem - March 2015
Saral Gyan Hidden Gem - March 2015Saral Gyan Hidden Gem - March 2015
Saral Gyan Hidden Gem - March 2015
 
Saral Gyan Hidden Gem - Feb 2016
Saral Gyan Hidden Gem - Feb 2016Saral Gyan Hidden Gem - Feb 2016
Saral Gyan Hidden Gem - Feb 2016
 
Saral Gyan Hidden Gem - Sept 2015
Saral Gyan Hidden Gem - Sept 2015Saral Gyan Hidden Gem - Sept 2015
Saral Gyan Hidden Gem - Sept 2015
 
Saral Gyan Hidden Gem - August 2015
Saral Gyan Hidden Gem - August 2015Saral Gyan Hidden Gem - August 2015
Saral Gyan Hidden Gem - August 2015
 
Saral Gyan Hidden Gem - Sept 2014
Saral Gyan Hidden Gem - Sept 2014Saral Gyan Hidden Gem - Sept 2014
Saral Gyan Hidden Gem - Sept 2014
 

Último

Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingMaristelaRamos12
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxhiddenlevers
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfGale Pooley
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfGale Pooley
 

Último (20)

Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of Marketing
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdf
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 

BUY AMARA RAJA BATTERIES FOR SHORT TERM GAINS

  • 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 19th March 2014 AMARA RAJA BATTERIES BUY POTENTIAL UPSIDE: 16.7% CURRENT MARKET PRICE: 366.75 TARGET PRICE: 428.00 BSE Code 500008 Market Cap (Crores) 6264.55 NSE Code AMARAJABAT P/E 18.05 Book Value 78.87 EPS 20.31 Face Value 1 Dividend Yield % 0.69 STOCK RECOMMENDATION
  • 2. 15% @ 90 DAYS – MAR 2014 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Amara Raja Batteries & Nifty: Nifty: 14.6% Amara Raja Batteries: 34.7% Stock Resistance and Support: 1st Resistance – 385 1st Support – 350 2nd Resistance – 410 2nd Support – 325
  • 3. 15% @ 90 DAYS – MAR 2014 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of Amara Raja Batteries (Rs. In Millions) Particulars Dec 2013 Sep 2013 Jun 2013 Mar 2013 Audited / UnAudited UA UA UA UA Net Sales 8629.3 8071.2 8937.55 8037.54 Total Expenditure 7126.1 6651.2 7483.55 6918.45 PBIDT(Excl OI) 1503.2 1420 1454 1119.09 Other Income 72.8 73.7 96.47 71.1 OperatingProfit 1576 1493.7 1550.47 1190.14 Interest 0.3 0.5 0.35 2.7 Exceptional Items 0 0 0 1.99 PBDT 1575.7 1493.2 1550.12 1189.43 Depreciation 156.8 154.2 145.17 267.34 ProfitBeforeTax 1418.9 1339 1404.95 922.09 Tax 468.8 393.2 426.92 326.1 Provisionsand contingencies 0 0 0 0 ProfitAfter Tax 950.1 945.8 978.03 596 Extraordinary Items 0 0 0 0 Prior Period Expenses 0 0 0 0 Other Adjustments 0 0 0 0 Net Profit 950.1 945.8 978.03 596 Equity Capital 170.8 170.8 170.81 170.81 FaceValue(INRS) 1 1 1 1 Reserves Calculated EPS 5.56 5.54 5.73 3.49 Calculated EPS (Annualised) 22.25 22.15 22.9 13.96 No of PublicShareHoldings 81885048 81885048 81885048 81885048 % of Public ShareHoldings 47.94 47.94 47.94 47.94
  • 4. 15% @ 90 DAYS – MAR 2014 - 4 - SARAL GYAN CAPITAL SERVICES Basis of Recommendation: i) Technical Analysis Disclaimer: Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company. © SARAL GYAN CAPITAL SERVICES This Service is provided on an "As Is" basis by saral gyan capital services. Saral gyan capital services and its affiliates disclaim any warranty of any kind, imputed by the laws of any jurisdiction, whether express or implied, as to any matter whatsoever relating to the S ervice, including without limitation the implied warranties of merchantability, fitness for a particular purpose. Neither saral gyan capital services nor its affiliates will be responsible for any loss or liability incurred to the user as a consequence of his or any other person on his behalf taking any investment decisions based on the above recommendation. Use of the Service is at any persons, including a Customer's, own risk. The investments discussed or recommended through this service may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Information herein is believed to be reliable but saral gyan capital services and its affiliates do not warrant its completeness or accuracy. The service should not be construed to be an advertisement for solicitation for buying or selling of any securities.