Amaraja Batteries

Amaraja batteries share is in a free fall( 33% in three months) without any particular reason. However, MFs are buying it . What is that they are seeing in the share that we, investors are missing?

Electrical vehicles in future.

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it is debt free company but High PE ratios. EVs will be negative for it.

OEM are coming with Lithium Batteries.

Agree with Haribabu,

Amaraja may come out with Lithium based batteries in future, who knows? It is best time to accumulate as much as possible. Amaraja has very bright future.

my uncle co manufactures batteries for AR