Amara Raja Energy - Base Case Target Achieved

Authored By Prime Research | Last Modified: Apr 23, 2026 10:57 AM IST

Open Free Demat Account

In our Stock Update report dated Mar 6, 2026 on Amara Raja Energy & Mobility, we had recommended to buy in Rs 800-815 band and add on dips in Rs 730-750 band for base case target of Rs 930 and bull case target of Rs 1015 in 4 quarters.

The stock entered our add on dips band on Mar 23, 2026.

Today, the stock touched a high of Rs 957, thereby achieving our base case target of Rs 930, yielding a return of ~20.2% in about 1.5 months.

Disclaimer

At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Disclaimer

The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.

Markets