2025-01-29 09:39:14 am | Source: Motilal Oswal Financial Services Ltd
Neutral Amara Raja Energy Mobility Ltd For Target Rs. 1,305 by Motilal Oswal Financial Services Ltd
* We expect 10% YoY growth in revenue driven by steady demand from aftermarket division, growth in OEMs especially PVs and new energy business.
* We expect EBITDA margins to marginally improve QoQ due to soft lead prices.
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