Are you also looking for Amara Raja Batteries Share Price Targets from 2025, 2030, 2040 to 2050?
If yes, then you’ve landed on the right blog! In this post, you will get to know the expected share price targets for Amara Raja Batteries along with a detailed overview of the company. We’ll also cover its fundamentals, technical analysis, and research-based future projections.
So let’s begin by first understanding more about Amara Raja Batteries as a company.
About Amara Raja Batteries
Amara Raja Batteries was founded in 1985 in the city of Tirupati, Andhra Pradesh. As the name suggests, the company specializes in manufacturing batteries and is best known under the brand name “Amaron.”
The company’s batteries are widely used in cars, bikes, trucks, inverters, UPS systems, and telecom towers. Additionally, Amara Raja is now focusing on EV batteries and lithium-ion technology, aiming to grow in the field of clean energy and sustainability.
Amara Raja Batteries serves several major automobile brands such as Hyundai, Tata Motors, Mahindra, Maruti Suzuki, Ashok Leyland, and Ford by supplying them with OEM (Original Equipment Manufacturer) batteries. The company operates not only in India but also in over 60 countries, including regions like the Middle East, Southeast Asia, Africa, and Europe.
Fundamentals of Amara Raja Batteries
Let’s quickly understand the basic fundamentals and financial information of Amara Raja Batteries, which will help us see how much growth potential the company has in the future.
| Metric | Value |
|---|---|
| Market Cap | ₹18,097 Cr. |
| 52 Week High / Low | ₹832.30 / ₹1,775.95 |
| Stock PE | 19.1 |
| ROCE (Return on Capital Employed) | 18.7% |
| ROE (Return on Equity) | 14.0% |
| EPS (Earnings Per Share) | ₹56.0 |
| Debt to Equity | 0.05 |
| Debt | ₹334 Cr. |
| Dividend Yield | 1.01% |
| Book Value | ₹365 |
| Face Value | ₹1.00 |
| Sales | ₹11,260 Cr. |
| 5-Year Sales Growth | 64.65% |
| Profit Before Tax | ₹1,211 Cr. |
| 5-Year Profit Growth | 37.1% |
Amara Raja Batteries Share Price History
So, let’s now take a look at the company’s share price history to understand how the stock has grown over time.
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| Apr 1, 2025 | 1,000.00 | 1,033.30 | 832.30 | 994.60 | 994.60 | 4,979,144 |
| Mar 1, 2025 | 983.10 | 1,109.00 | 927.00 | 1,003.30 | 1,003.30 | 14,698,794 |
| Feb 1, 2025 | 1,035.00 | 1,108.00 | 931.05 | 979.15 | 979.15 | 19,493,893 |
| Jan 1, 2025 | 1,202.80 | 1,220.05 | 990.00 | 1,034.65 | 1,034.65 | 12,127,889 |
| Dec 1, 2024 | 1,290.00 | 1,360.00 | 1,157.00 | 1,199.95 | 1,199.95 | 10,722,391 |
| Nov 14, 2024 – 5.30 Dividend | ||||||
| Nov 1, 2024 | 1,404.50 | 1,422.00 | 1,209.05 | 1,280.70 | 1,275.25 | 8,280,341 |
| Oct 1, 2024 | 1,438.00 | 1,444.00 | 1,218.85 | 1,390.60 | 1,384.69 | 15,244,999 |
| Sep 1, 2024 | 1,528.25 | 1,530.00 | 1,317.20 | 1,425.95 | 1,419.89 | 11,900,500 |
| Aug 1, 2024 | 1,650.70 | 1,666.00 | 1,458.55 | 1,521.25 | 1,514.78 | 14,579,941 |
| Jul 18, 2024 – 5.10 Dividend | ||||||
| Jul 1, 2024 | 1,660.00 | 1,745.00 | 1,404.00 | 1,626.30 | 1,614.12 | 24,114,645 |
| Jun 1, 2024 | 1,250.00 | 1,775.95 | 1,000.00 | 1,663.15 | 1,650.70 | 100,925,957 |
| May 1, 2024 | 1,091.00 | 1,278.00 | 1,035.35 | 1,181.35 | 1,172.50 | 36,040,525 |
| Apr 1, 2024 | 773.00 | 1,204.40 | 768.30 | 1,099.70 | 1,091.47 | 71,547,281 |
Amara Raja Batteries Share Price Target 2025
According to current market trends and technical analysis, the share price target for Amara Raja Batteries in 2025 could range between a minimum of ₹927 and a maximum of ₹1,266. The recent bullish momentum has pushed the stock into a strong breakout zone, and if investor confidence remains intact, the stock may even reach new highs in the coming quarters. However, the support level around ₹927 will be critical in case the market undergoes a correction.
| Month | Amara Raja Target Price |
|---|---|
| January 2025 | ₹1,232.00 |
| February 2025 | ₹1,114.45 |
| March 2025 | ₹1,082.36 |
| April 2025 | ₹1,146.85 |
| May 2025 | ₹1,240.82 |
| June 2025 | ₹1,169.27 |
| July 2025 | ₹1,097.73 |
| August 2025 | ₹1,126.18 |
| September 2025 | ₹1,154.64 |
| October 2025 | ₹1,183.09 |
| November 2025 | ₹1,211.55 |
| December 2025 | ₹1,266.00 |
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Amara Raja Batteries Share Price Target 2030
By 2030, the share price target for Amara Raja Batteries could range between a minimum of ₹2,452 and a maximum of ₹2,741. This is because the company is a strong dividend-paying stock, making it a good source of passive income for long-term investors. Although its price growth is relatively slow, it is sustainable, meaning investors benefit from both regular dividends and steady capital appreciation—resulting in strong overall returns.
| Month | Amara Raja Target Price |
|---|---|
| January 2030 | ₹2,452.00 |
| February 2030 | ₹2,478.25 |
| March 2030 | ₹2,504.50 |
| April 2030 | ₹2,530.75 |
| May 2030 | ₹2,557.00 |
| June 2030 | ₹2,583.25 |
| July 2030 | ₹2,609.50 |
| August 2030 | ₹2,635.75 |
| September 2030 | ₹2,662.00 |
| October 2030 | ₹2,688.25 |
| November 2030 | ₹2,714.50 |
| December 2030 | ₹2,741.00 |
Amara Raja Batteries Share Price Target 2035
By 2035, the share price target for Amara Raja Batteries could range between a minimum of ₹4,342 and a maximum of ₹5,821. The company is aggressively expanding its battery and charger solutions in the 2-wheeler and 3-wheeler segments, where demand is rapidly increasing in urban areas. In the coming years, the growth could accelerate further due to rising EV adoption and strong government support, which strengthens the stock’s long-term upside potential.
| Month | Amara Raja Target Price |
|---|---|
| January 2035 | ₹4,342.00 |
| February 2035 | ₹4,473.91 |
| March 2035 | ₹4,605.82 |
| April 2035 | ₹4,737.73 |
| May 2035 | ₹4,869.64 |
| June 2035 | ₹5,001.55 |
| July 2035 | ₹5,133.45 |
| August 2035 | ₹5,265.36 |
| September 2035 | ₹5,397.27 |
| October 2035 | ₹5,529.18 |
| November 2035 | ₹5,661.09 |
| December 2035 | ₹5,821.00 |
Amara Raja Batteries Share Price Target 2040
By 2040, the share price target for Amara Raja Energy & Mobility could range between ₹6,648 and ₹8,231. The company is expanding its business on a global scale, entering developed markets like the Americas and Europe. It is launching advanced products such as AGM, EFB, and auxiliary batteries tailored to the specific requirements of each region. This strategic move is expected to boost both the company’s revenue and its international brand value.
| Month | Amara Raja Target Price |
|---|---|
| January 2040 | ₹6,647.00 |
| February 2040 | ₹6,784.45 |
| March 2040 | ₹6,921.91 |
| April 2040 | ₹7,059.36 |
| May 2040 | ₹7,196.82 |
| June 2040 | ₹7,334.27 |
| July 2040 | ₹7,471.73 |
| August 2040 | ₹7,609.18 |
| September 2040 | ₹7,746.64 |
| October 2040 | ₹7,884.09 |
| November 2040 | ₹8,021.55 |
| December 2040 | ₹8,231.00 |
Amara Raja Batteries Share Price Target 2045
In 2045, the share price target for Amara Raja Batteries could range between ₹9,413 and ₹11,624. The company is now focusing on growth in the UPS, Telecom, and Railways sectors. The use of lithium-ion batteries for 5G sites is also increasing. Additionally, the company continues to maintain its leadership position in the VRLA battery segment.
| Month | Amara Raja Target Price |
|---|---|
| January 2045 | ₹9,413.00 |
| February 2045 | ₹9,608.09 |
| March 2045 | ₹9,803.18 |
| April 2045 | ₹9,998.27 |
| May 2045 | ₹10,193.36 |
| June 2045 | ₹10,388.45 |
| July 2045 | ₹10,583.55 |
| August 2045 | ₹10,778.64 |
| September 2045 | ₹10,973.73 |
| October 2045 | ₹11,168.82 |
| November 2045 | ₹11,363.91 |
| December 2045 | ₹11,624.00 |
Amara Raja Batteries Share Price Target 2050
By 2050, the share price target for Amara Raja Energy & Mobility could range between ₹13,742 and ₹15,448. By then, the company is expected to have become a large and globally recognized energy solutions provider—not limited to the automotive sector, but also offering high-performance batteries for telecom towers, data centers, railway signaling, and solar energy systems. This diversification is likely to drive consistent and rapid growth in both revenue and profits year after year.
| Month | Amara Raja Target Price |
|---|---|
| January 2050 | ₹13,742.00 |
| February 2050 | ₹13,887.09 |
| March 2050 | ₹14,032.18 |
| April 2050 | ₹14,177.27 |
| May 2050 | ₹14,322.36 |
| June 2050 | ₹14,467.45 |
| July 2050 | ₹14,612.55 |
| August 2050 | ₹14,757.64 |
| September 2050 | ₹14,902.73 |
| October 2050 | ₹15,047.82 |
| November 2050 | ₹15,192.91 |
| December 2050 | ₹15,448.00 |
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Amara Raja Batteries Share Price Target 2025-2050 List
| Year | Amara Raja Share Price Target |
|---|---|
| 2025 | 927 – 1266 |
| 2026 | 1326 – 1561 |
| 2027 | 1632 – 1847 |
| 2028 | 1921 – 2094 |
| 2029 | 2148 – 2364 |
| 2030 | 2452 – 2741 |
| 2035 | 4342 – 5821 |
| 2040 | 6647 – 8231 |
| 2045 | 9413 – 11624 |
| 2050 | 13742 – 15448 |
Amara Raja Batteries Technical Analysis
Amara Raja Batteries Shareholding Pattern
Here is the information about the shareholding pattern of Amara Raja Batteries. The company’s FII and DII holdings are quite strong. In March 2025, the public stake increased, but both FIIs and DIIs reduced their holdings.
| Date | Promoters | FIIs | DIIs | Government | Public |
|---|---|---|---|---|---|
| Mar 2017 | 52.06% | 19.67% | 8.92% | 0.00% | 19.35% |
| Mar 2018 | 52.06% | 18.97% | 10.97% | 0.31% | 17.69% |
| Mar 2019 | 52.06% | 19.38% | 10.32% | 0.37% | 17.87% |
| Mar 2020 | 28.06% | 20.91% | 11.14% | 0.47% | 39.42% |
| Mar 2021 | 28.06% | 21.34% | 12.64% | 0.00% | 37.96% |
| Mar 2022 | 28.06% | 18.10% | 11.38% | 0.00% | 42.46% |
| Mar 2023 | 28.06% | 36.19% | 9.21% | 0.00% | 26.55% |
| Mar 2024 | 32.86% | 24.46% | 15.36% | 0.00% | 27.33% |
| Mar 2025 | 32.86% | 20.71% | 14.59% | 0.00% | 31.86% |
Amara Raja Batteries Bullish & Bearish Cases
Bullish Cases (Positive Points):
- The demand for electric vehicles (EVs) and energy storage is growing fast, and this company is getting ready for the future.
- A Giga Factory is being built in Telangana to make lithium-ion cells and battery packs – these are modern batteries.
- The Indian government supports EVs, clean energy, and battery storage. This support will help the company grow.
- The company makes batteries for many sectors like automotive, industrial, solar, telecom, UPS, inverter, and marine.
- In Tamil Nadu, the company is building a battery recycling plant with 1.5 lakh MTPA capacity. This shows growth in recycling.
Bearish Cases (Negative Points):
- Big brands like Tata, Exide, and global players like CATL and Panasonic are very aggressive in the EV battery market.
- Prices of raw materials like lithium and lead keep changing. This is risky for the company’s lead-acid battery segment.
- Big global companies like Tesla and CATL may enter India, increasing competition and reducing profit margins.
- Battery technology is changing fast. If the company doesn’t upgrade quickly, investments might go to waste.
- Lithium and other raw materials are mostly imported, which increases the risk of high cost and supply issues.
Final Thoughts on Amara Raja Batteries Share Price
Amara Raja Batteries is one of the leading manufacturers in India, operating in the automotive and industrial battery segments. Currently, it is a small-cap company, but it is quite profitable.
The company regularly pays good dividends, which reflects its strong financial health. Additionally, it has a significant institutional holding, indicating strong confidence from large investors. Considering all these factors, it can be expected that Amara Raja Batteries may show good share price growth in the future.
Disclaimer: We are not SEBI-registered advisors. The information on this website is only for learning and should not be taken as financial or investment advice. The stock market has risks, so always do your own research or talk to a financial expert before investing. All Target Price and its team are not responsible for any loss caused by the information on this website.
FAQs
What is the future of Amara Raja Batteries?
In the future, the demand for EVs and energy storage is expected to increase rapidly, and the government is providing strong support for EVs, clean energy, and batteries. This support could lead to significant growth for Amara Raja Batteries in the coming years.
What is the target price of Amara Raja Batteries in 2025?
According to our latest forecast, the target price for Amara Raja Batteries in 2025 could range between ₹927 and ₹1266.
What is the share price of Amara Raja in 2030?
The share price of Amara Raja Batteries in 2030 is predicted to range between ₹2452 and ₹2741.
What is the share price target for Amara Raja in 2050?
The share price target for Amara Raja Batteries in 2050 could range between ₹13,742 and ₹15,448.
Is Amara Raja a good stock to buy?
Yes, Amara Raja is a good stock, and the company’s fundamentals are strong. Additionally, it offers a good dividend to its investors.
Is Amara Raja a debt-free company?
Yes, Amara Raja is almost debt-free. The company’s debt-to-equity ratio is 0.05, and the total debt stands at ₹334 crore.
Hi, my name is Harsh Yadav, and I welcome you to All Target Price (alltargetprice.com). On this website, research and analysis-based share price targets are created, meaning they are predicted, and we have 7 years of experience in the share market.
