FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

AMARAJABAT Consensus Forecast

No. of reports in last year
3
No. of analysts
3
Average Consensus Forecast
688
Consensus Potential
-2.91%

AMARAJABAT Price Target Potential

BrokerageTargetPotential
Motilal Oswal79011.64%
ICICIdirect.com590-18.31%
Dolat Capital684-2.05%

AMARAJABAT Targets in FrontPage Forums

2 Users have submitted 2 trade ideas of Rs. 178,558 for AMARAJABAT
50% Bullish
50% Bearish
See buy or sell ideas on FrontPage Forums >>

AMARAJABAT Ratings

Long term AMARAJABAT rating by FrontPage users
4/5 (3 Ratings)

3 AMARAJABAT share price target reports by brokerages below. See what is analyst's view on AMARAJABAT share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. AMARAJABAT Forum
  3. AMARAJABAT Price Target

AMARAJABAT Share Price Target

AMARAJABAT Share Price Target - Broker Reports - 2019

9-Nov-19
Price @ Call: 664.15
Target: 790
BUY
We upgrade our FY20 EPS by ~13% (FY21 by ~2%) to factor in the benefit of lower lead prices and mix. The stock trades at 16.7x/17.1x FY20E/FY21E EPS. Maintain Buy with TP of INR790 (20x Sep’21 EPS).
... Read more
25-Jul-19
Price @ Call: 631.5
Target: 590
REDUCE
We expect sales, PAT to grow at 6.6%, 9.3% CAGR, respectively, in FY19- 21E. Our outlook on ARBL remains cautious given the continued slowdown in the auto OEM space and emergence of volatility in the business profile brought about by expected increase in usage of lithium ion technology going forward. We maintain our REDUCE rating on the stock with an unchanged target price of | 590 i.e. 17.5x P/E on FY21E EPS of | 33.8.
... Read more
23-Jul-19
Price @ Call: 626.4
Target: 684
BUY
Amara Raja reported strong results in 1QFY20 in challenging conditions. Net profit jumped 25% YoY to Rs 1.4bn, due to sharp margin expansion of 300bps and a low base. We remain positive about the Indian batteries market, as we expect 1) replacement demand to further improve, given healthy primary sales in the past three years, 2) a market share gain from unorganized players, after GST, and 3) an uptick in the nascent e-rickshaws /solar batter. We forecast Revenue/EBITDA/PAT CAGR of 8%/11%/10% over FY19-21E. At CMP, the stock trades at 19/18x for FY20/21E EPS (vs 5 year historical multiple of 28), we recommend an Accumulate rating, with a TP Rs 684 (20x FY21E EPS).
... Read more
17-May-19
Price @ Call: 623.35
Target: 761
BUY
We cut FY20/21 EPS by 8%/12% as we trim revenue estimates by 7%/10% due to weaker auto OEM outlook and weak lead prices. We expect the replacement market growth to remain strong for organized players; some stability in telecom segment volumes and soft lead prices should support margins. With exit of Johnson Control, promoters are expected to play a pivotal role in the long-term strategy as well as in technology sourcing. We estimate revenue/ EBITDA/PAT to grow 10%/15%/16% CAGR (FY19-21E). The stock trades at 18.8x/16.4x FY20E/21E EPS. Maintain Buy with a TP of INR761 (20x Mar’21 EPS).
... Read more
17-May-19
Price @ Call: 623.35
Target: 745
ACCUMULATE
We believe volume in the telecom batteries has bottomed, and we expect low single-digit growth in the telecom battery segment over FY19-21E. However, the automotive replacement segment continues to grow in the double digits, led by capacity addition in 2W and 4W segments. Sustained double-digit growth in the replacement segment remains a key positive, in our view. The auto replacement contribution of ~40% would aid AMRJ in smoothened revenue growth over FY20- 21E despite OEM slowdown. We reduce our FY20-21E EPS by 3-4% to factor in lower auto OEM growth. We recommend Accumulate with a new TP of INR 745 from INR 840 on 20x (22x earlier) FY21E EPS as we roll forward.
... Read more
16-May-19
Price @ Call: 619.1
Target: 590
REDUCE
We expect sales, EBITDA and PAT to grow at -0.4%, 8.3% & 7.5% CAGR, respectively over FY19-21E. With the slowdown in the auto OEM space amid a decline in discretionary spend and muted growth prospects in the industrial domain (telecom space), we downgrade the stock to REDUCE with a revised target price of Rs 590 i.e. 18x P/E on FY21E EPS of Rs 32.7 /share.
... Read more
13-Feb-19
Price @ Call: 739
Target: 855
BUY
We maintain our FY20/21 EPS estimate. We expect revenue/EBITDA/PAT CAGR of 14.6%/19.7%/22.3% over FY19-21. The stock trades at 20.7x/17.3x FY20E/21E EPS. Maintain Buy with a TP of INR855 (20x Mar’21E EPS).
... Read more

AMARAJABAT Share Price Target - Broker Reports - 2018

13-Dec-18
Price @ Call: 731.95
Target: 817
ACCUMULATE
30-Oct-18
Price @ Call: 756.51
Target: 921
BUY
15-Oct-18
Price @ Call: 735.45
Target: 880
BUY
14-Aug-18
Price @ Call: 846.1
Target: 875
HOLD
13-Aug-18
Price @ Call: 822
Target: 946
BUY
23-May-18
Price @ Call: 798.31
Target: 875
HOLD
22-May-18
Price @ Call: 798.31
Target: 925
BUY
22-May-18
Price @ Call: 810.8
Target: 1013
BUY
21-May-18
Price @ Call: 820
Target: 952
BUY
5-Mar-18
Price @ Call: 816
Target: 1049.5
BUY
26-Feb-18
Price @ Call: 814.45
Target: 892
ACCUMULATE
22-Feb-18
Price @ Call: 799
Target: 945
BUY
12-Feb-18
Price @ Call: 848.19
Target: 1035
BUY

AMARAJABAT Share Price Target - Broker Reports - 2017

14-Nov-17
Price @ Call: 789
Target: 886
ACCUMULATE
11-Nov-17
Price @ Call: 748.69
Target: 856
BUY
10-Aug-17
Price @ Call: 802.45
Target: 870
HOLD
9-Aug-17
Price @ Call: 802.45
Target: 895
ACCUMULATE
8-Aug-17
Price @ Call: 822.55
Target: 986
BUY
31-May-17
Price @ Call: 864
Target: 966
BUY
25-May-17
Price @ Call: 837
Target: 954
BUY
26-May-17
Price @ Call: 840.45
Target: 760
SELL
25-Jan-17
Price @ Call: 861
Target: 994
BUY
24-Jan-17
Price @ Call: 868
Target: 930
HOLD
23-Jan-17
Price @ Call: 902
Target: 1087
BUY

AMARAJABAT Share Price Target - Broker Reports - 2016

31-May-16
Price @ Call: 840
Target: 950
BUY
25-May-16
Price @ Call: 851
Target: 975
BUY
8-Nov-16
Price @ Call: 1010
Target: 1167
BUY
4-Nov-16
Price @ Call: 1007
Target: 1176
BUY
7-Nov-16
Price @ Call: 1014
Target: 1025
HOLD
11-Aug-16
Price @ Call: 907
Target: 1008
ACCUMULATE
27-Jun-16
Price @ Call: 863.95
Target: 960
BUY
10-Jun-16
Price @ Call: 846.31
Target: 1076
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • AMARAJABAT Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3710.2
    Upside Target 2704.95
    Upside Target 1700.75
    Pivot695.5
    Downside Target 1691.3
    Downside Target 2686.05
    Downside Target 3681.85
  • AMARAJABAT Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3752.62
    Upside Target 2735.78
    Upside Target 1716.17
    Pivot699.33
    Downside Target 1679.72
    Downside Target 2662.88
    Downside Target 3643.27
  • AMARAJABAT Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3781.05
    Upside Target 2735.2
    Upside Target 1692.8
    Pivot646.95
    Downside Target 1604.55
    Downside Target 2558.7
    Downside Target 3516.3
  • AMARAJABAT Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3704.95
    Upside Target 2701.34
    Upside Target 1699.11
    Pivot695.5
    Downside Target 1691.89
    Downside Target 2689.66
    Downside Target 3686.05
  • AMARAJABAT Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3735.78
    Upside Target 2721.86
    Upside Target 1713.26
    Pivot699.33
    Downside Target 1685.41
    Downside Target 2676.81
    Downside Target 3662.88
  • AMARAJABAT Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3735.2
    Upside Target 2701.49
    Upside Target 1680.66
    Pivot646.95
    Downside Target 1613.24
    Downside Target 2592.41
    Downside Target 3558.7
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020