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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comAmara Raja Energy & Mobility Ltd (ARE&M), formerly known as Amara Raja Batteries, is one of India’s leading battery manufacturers and energy storage solution providers. The company is well known for its automotive batteries under brands like Amaron and also supplies industrial batteries, telecom batteries, and emerging energy storage solutions.
With the growing adoption of electric vehicles (EVs), renewable energy integration, and rising demand for energy storage systems, Amara Raja Energy & Mobility Ltd is strategically positioned to benefit from India’s clean energy and mobility transition. In this article, we analyze the Amara Raja Energy & Mobility Ltd Share Price Target from 2026 to 2030 based on current market data, financial strength, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹860.00 |
| Previous Close | ₹854.10 |
| Day’s High | ₹860.00 |
| Day’s Low | ₹848.00 |
| VWAP | ₹852.24 |
| 52-Week High | ₹1,109.00 |
| 52-Week Low | ₹810.10 |
| All-Time High | ₹1,775.95 |
| All-Time Low | ₹3.07 |
| Market Capitalization | ₹15,591 Cr |
| Volume | 1,08,042 |
| Value (Lacs) | 920.41 |
| 20D Avg Volume | 3,54,399 |
| 20D Avg Delivery (%) | 46.7% |
| Face Value | ₹1 |
| Book Value Per Share | ₹422.74 |
| Dividend Yield | 1.23% |
| Beta | 0.93 |
| UC Limit | ₹1,024.90 |
| LC Limit | ₹683.30 |
The stock is currently trading near its 52-week lower range but significantly below its all-time high, indicating long-term recovery potential.
Amara Raja Energy & Mobility Ltd operates in two primary segments:
Automotive Batteries (two-wheelers, passenger vehicles, commercial vehicles)
Industrial & Telecom Batteries
Energy Storage Solutions & Lithium-Ion Initiatives
The company is actively investing in lithium-ion cell manufacturing and EV battery ecosystems, aligning itself with India’s electric mobility transformation.
Amaron is one of India’s most trusted automotive battery brands with a strong aftermarket network.
The company serves automotive OEMs, replacement markets, telecom operators, UPS systems, and renewable energy storage.
Strategic investments in lithium-ion battery manufacturing position the company for future EV demand growth.
With a book value of ₹422.74, the company has a strong balance sheet foundation.
Beta of 0.93 suggests relatively lower volatility compared to broader markets.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 32.86% |
| Retail & Others | 32.64% |
| Foreign Institutions | 17.37% |
| Other Domestic Institutions | 10.07% |
| Mutual Funds | 7.05% |
Balanced shareholding with strong retail participation and institutional presence reflects steady investor confidence.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 950 | 1,050 |
| 2027 | 1,100 | 1,250 |
| 2028 | 1,300 | 1,500 |
| 2029 | 1,550 | 1,750 |
| 2030 | 1,800 | 2,100 |
These projections consider EV adoption trends, lithium-ion expansion, industrial battery demand, and margin improvement.
By 2026, improved demand in automotive replacement markets and early lithium-ion revenue contributions may support growth.
Growth Drivers:
Recovery in auto sales
Increased industrial battery demand
Operational efficiency improvements
Investment View: Suitable for medium-term investors seeking stable growth.
2027 may reflect stronger performance from EV-related initiatives and telecom energy storage demand.
Growth Drivers:
Expansion in EV battery production
Higher margins from premium battery segments
Strong distribution network leverage
Investment View: Attractive for growth-focused investors.
With increasing renewable energy installations and EV adoption, energy storage demand may accelerate.
Growth Drivers:
Lithium-ion plant ramp-up
Renewable energy storage solutions
Expansion in export markets
Investment View: Strong long-term compounding potential.
By 2029, diversified energy solutions may strengthen revenue stability.
Growth Drivers:
Mature lithium-ion operations
Increased government support for clean mobility
Strong aftermarket dominance
Investment View: Suitable for long-term wealth creation strategies.
By 2030, the company could emerge as a major player in India’s energy storage and EV battery ecosystem.
Growth Drivers:
Large-scale EV battery demand
Strong cash flow generation
Leadership in both lead-acid and lithium segments
Investment View: Ideal for long-term investors aligned with India’s energy transition theme.
Raw material price volatility (lead, lithium)
Intense competition in EV battery segment
Technology transition risks
Regulatory changes in EV policies
Moderate promoter holding (32.86%)
Amara Raja Energy & Mobility Ltd provides exposure to both traditional automotive batteries and future-ready lithium-ion energy storage. Its strong brand presence, healthy book value, and growing EV focus make it a strategic player in India’s energy transition.
Reasons to Consider:
Strong balance sheet
Growing EV ecosystem exposure
Stable dividend yield (1.23%)
Diversified industrial and automotive portfolio
Investors should track lithium-ion capacity expansion, quarterly earnings performance, and raw material trends before making investment decisions.
Amara Raja Energy & Mobility Ltd is transforming from a traditional battery manufacturer into a broader energy storage and mobility solutions company. While currently trading below its historical highs, the company’s strategic EV expansion and energy storage initiatives provide long-term growth visibility.
Based on current projections, the share price could reach ₹1,800 to ₹2,100 by 2030, supported by EV adoption, renewable energy storage demand, and operational efficiencies.
For investors seeking exposure to India’s clean mobility and energy storage sector, Amara Raja Energy & Mobility Ltd offers promising long-term potential — provided risks are managed carefully.
1. What is the current share price of Amara Raja Energy & Mobility Ltd?
It is currently trading around ₹850–₹860 as per recent market data.
2. What is the 2026 share price target?
The projected range for 2026 is ₹950 to ₹1,050.
3. Is Amara Raja Energy & Mobility Ltd a good long-term investment?
It may be suitable for investors looking for exposure to EV and energy storage growth.
4. What is the 2030 share price target?
The projected range for 2030 is ₹1,800 to ₹2,100.
5. What influences the share price the most?
EV adoption, lithium-ion expansion, raw material prices, automotive demand, and overall market sentiment.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making investment decisions.
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