Amara Raja Energy & Mobility Ltd (formerly Amara Raja Batteries Ltd) is a leading Indian manufacturer of lead-acid batteries for automotive and industrial applications, with a growing focus on energy storage and electric mobility solutions. The company serves major OEMs like Maruti Suzuki, Tata Motors, and telecom giants like Airtel and Indus Towers. Recently rebranded to reflect its strategic pivot toward clean energy and EV ecosystems, ARE&M remains a market leader in India’s battery segment. With strong cash flows, low debt, and consistent profitability, it presents a compelling opportunity for long-term investors seeking exposure to India’s electrification and infrastructure story. This article provides realistic share price targets for each year from 2026 to 2030, based on fundamentals and sector trends.
Competition from Exide, Tata AutoComp, and Chinese Li-ion players
Investment Suitability
Factor
Assessment
Risk Profile
Moderate (established player)
Time Horizon
Long-term (5+ years)
Volatility
Low-to-Moderate
Dividend/Income
Yes (1.21% yield + stable)
Ideal Investor
Quality-focused investor bullish on India’s energy transition
FAQs
A realistic range is ₹920 – ₹1,020, assuming steady execution in the core business.
By 2030, it could reach ₹1,160 – ₹1,340 if EV and energy storage bets succeed.
No—those levels are unrealistic. The stock trades above ₹860, so ₹40/₹50 likely confuses face value (₹1) with market price.
The Galla family (promoters) holds 32.86% and controls the company.
Yes—it has a consistent dividend history with a current yield of 1.21%.
Due to profit-taking after past rallies, slow profit growth, and investor caution on EV transition timing.
Yes—for quality-focused investors who believe in India’s battery and energy storage story over 5+ years.
Final Verdict
Amara Raja Energy & Mobility is a high-quality, cash-rich industrial stock with leadership in a critical segment. While near-term profit growth is modest, its strategic pivot to clean energy offers long-term optionality. Our 2026–2030 price targets (₹920–₹1,340) reflect steady, sustainable appreciation—not speculative hype. Investors should consider accumulating on dips with a 5-year horizon.
📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor.
