Amara Raja Batteries approves Expansion in capacity of the industrial battery division

Amara Raja Batteries Ltd has announced that the Board of Directors of the Company at its meeting held on August 14, 2007, has unanimously approved the expansion in the capacity of the industrial battery division, involving a capital expenditure of Rs 650 million.

The stock was trading at Rs.598, down by Rs.0.40 or 0.07%. The stock hit an intraday high of Rs.600 and low of Rs.593. The total traded quantity was 1272 compared to 2 week average of 10761.

Source : Equity Bulls

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