This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Amara Raja batteries Ltd. share price target 2024 to 2030, and 2035 are shown below.
Overview
Amara Raja Batteries is now Amara Raja Energy & Mobility Ltd. The name has been changed as of September 28, 2023. It is an Indian power storage battery manufacturer, headquartered in Tirupati, Andhra Pradesh, and incorporated in 1985. It is a part of the Amara Raja Group, founded by Mr. Ramachandra N. Galla. The company is partnered with various telecom industries and telecom service providers, oil and gas companies, Indian railways, etc. It supplies batteries through OEM (original equipment manufacturer) to automation companies such as Ashok Leyland, Ford India, Mahindra & Mahindra, Maruti Suzuki, Tata Motors, etc.
Table of Contents
Amara Raja Energy & Mobility Ltd. share price target 2024 to 2030 and 2035
Amara Raja Energy & Mobility Share Price Targets are: 2024 – 1750 to 1800, 2025 – 2555 to 2826, 2026 – 3200 to 3500, 2027 – 4860 to 4900, 2028 – 5100 to 5250, 2029 – 6540 to 6999, 2030 – 8101 to 8525 and price forecasted 13150 to 15300 by 2035.
| Year | First target | Second target |
| 2024 | 1750 | 1800 |
| 2025 | 2555 | 2826 |
| 2026 | 3200 | 3500 |
| 2027 | 4860 | 4900 |
| 2028 | 5100 | 5250 |
| 2029 | 6540 | 6999 |
| 2030 | 8101 | 8525 |
| 2035 | 13150 | 15300 |
Amara Raja Batteries share price target 2024
Amara Raja Batteries was listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) as ARE&M. The company’s closing share price as of September 27, 2024, was 1392.15. It is not a fixed share price; fluctuation happens every second in the open market. The stock reached 1608 as a lifetime high today, June 27, 2024.
Amara Raja Batteries share price target 2024 is 1750 as the first target and 1800 as the second target.
| Month | First target | Second target |
| August | 1620 | 1650 |
| September | 1320 | 1405 |
| December | 1795 | 1800 |
Amara Raja Batteries share price target 2025
Not only in India, but the company exports its batteries to 50+ countries across the world. The company also produces power storage products for solar applications and for the defense sector. Its high-performance UPS products are a major seller in India. The company’s initial forecasted share value for the beginning of the year 2025 is 2200. The semi-annual price forecast may rise to 2555 in a positive market sentiment. The price at the end of the year is forecast at 2826.
| Month | First target | Second target |
| January | 2000 | 2200 |
| May | 2450 | 2555 |
| September | 2680 | 2700 |
| December | 2750 | 2826 |
Amara Raja Batteries share price target 2026
As per Q4 results for 2024, expenses have increased year over year by 8% and moderately decreased quarter-on-quarter by -3%, and revenue increased by 8% YoY and slightly decreased by -4 as compared to the last quarter of December 2023. The company made a 934 crore profit in fiscal year 2024, compared to 731 crore as of March 2023. Quarter-on-quarter net profit after tax decreased by -14%. Overall, the financials are good. Looking at these highlights, we may assume the share price target for Amara Raja Batteries 2026 is 3000 at the beginning of the year, 3200 in the middle of the year, and 3500 at the end of the year.
| Month | First target | Second target |
| January | 3000 | 3200 |
| May | 3224 | 3301 |
| September | 3383 | 3410 |
| December | 3475 | 3500 |
Amara Raja Batteries share price target 2027
Amara Raja Batteries initial forecasted share value for the beginning of the year 2027 is 4500. The semi-annual price forecast may rise to 4860 in a positive market sentiment. The price at the end of the year is forecast at 4900.
| Month | First target | Second target |
| January | 4256 | 4333 |
| May | 4455 | 4560 |
| September | 4625 | 4740 |
| December | 4860 | 4900 |
Amara Raja Batteries share price target 2028
Amara Raja Batteries share price target for 2028 is 5000 at the start of the financial year. The price was forecast at 5100 in the middle of the year with some price consolidation for some months, and the projected share price is 5250 at the end of the year.
| Month | First target | Second target |
| January | 5005 | 5030 |
| May | 5070 | 5100 |
| September | 5125 | 5180 |
| December | 5200 | 5250 |
Amara Raja Batteries share price target 2029
Amara Raja Batteries share price in 2029 is expected to reach 6500 to 6850, with some consolidation zones. The initial forecasted share value for the beginning of the year is 6160. The semi-annual price forecast may rise to 6500 in a positive market sentiment. The price at the end of 2029 is forecast at 6850 to 6999.
| Month | First target | Second target |
| January | 6047 | 6160 |
| May | 6433 | 6450 |
| September | 6540 | 6725 |
| December | 6850 | 6999 |
Amara Raja Batteries share price target 2030
The initial price target of Amara Raja Batteries Ltd.’s. is 7400 at the beginning of the year 2030. The half-yearly price forecast can rise to 8101 in a positive market situation. The price at the end of 2030 is forecast to 8525.
| Month | First target | Second target |
| January | 7220 | 7400 |
| May | 7680 | 7826 |
| September | 8101 | 8396 |
| December | 8400 | 8525 |
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Amara Raja Batteries share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of Amara Raja Batteries share price target of 2035 to be 13150 at the beginning of the year, 14800 at the middle of the year, and 15300 at the end of the financial year.
What is Amara Raja Batteries?
Amara Raja Batteries is a part of Amara Raja Group, incorporated in 1985. its main business involved in providing power storage products such as UPs, batteries etc. to various auto industries.
What is Amara Raja Batteries share price target 2024?
Amara Raja Batteries share price target 2024 is 1750 as the first target and 1800 as the second target.
What is Amara Raja Batteries share price target 2025?
Amara Raja Batteries share price target 2025 is 2555 as the first target and 2826 as the second target.
Conclusion
This article presents Amara Raja Batteries share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.