Amara Raja Energy & Mobility Ltd, one of India’s leading energy and battery technology companies, is undergoing a strategic evolution as it transitions from traditional lead-acid batteries to advanced lithium-ion and new-energy solutions. With strong domestic market presence, rising EV penetration, and expanding energy-storage opportunities, the company is positioned for long-term growth.
In this article, we analyze Amara Raja Energy & Mobility Ltd’s share price targets from 2026 to 2030, using the sector insights and operational trends.
Let’s explore today’s price details, shareholding pattern, business strengths, and long-term valuation outlook.
| Detail | Value |
|---|---|
| Open | ₹927.80 |
| Previous Close | ₹927.80 |
| Day’s High | ₹933.60 |
| Day’s Low | ₹911.15 |
| VWAP | ₹921.44 |
| Volume | 123,459 |
| Value (Lacs) | 1,144.90 |
| 20D Avg Volume | 258,940 |
| 20D Avg Delivery (%) | 61.12% |
| 52-Week High | ₹1,332.00 |
| 52-Week Low | ₹832.30 |
| All-Time High | ₹1,775.95 |
| All-Time Low | ₹3.07 |
| Market Capitalization | ₹16,972 Cr |
| UC Limit | ₹1,113.35 |
| LC Limit | ₹742.25 |
| Face Value | ₹1 |
| Book Value Per Share | ₹396.98 |
| Beta | 0.98 |
| Dividend Yield | 1.13% |
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 32.93% |
| Promoters | 32.86% |
| Foreign Institutions | 17.97% |
| Other Domestic Institutions | 9.15% |
| Mutual Funds | 7.09% |
The evenly balanced promoter–retail–institutional structure provides strong stability and diversified ownership confidence.
Amara Raja is a leading Indian player in automotive and industrial batteries, supplying OEMs and aftermarket customers across India and over 50 countries. The company is rapidly expanding into:
Lithium-ion cell manufacturing
EV battery solutions
Renewable-energy storage
Energy infrastructure services
Its vertically integrated capabilities, R&D investments, and in-house manufacturing give it a competitive advantage as India accelerates EV and clean-energy adoption.
Strong brand presence in automotive and industrial battery segments
Early mover in lithium-ion cell and pack manufacturing
Strong aftermarket and OEM relationships
Robust balance sheet and cash flow generation
Expanding global exports
India’s EV penetration is expected to grow 25–30% annually
Renewable energy and storage demand is rising rapidly
Industrial battery demand remains strong due to telecom, UPS, and infrastructure needs
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 1,050 | 1,180 |
| 2027 | 1,200 | 1,380 |
| 2028 | 1,380 | 1,620 |
| 2029 | 1,600 | 1,900 |
| 2030 | 1,880 | 2,240 |
These projections reflect increasing EV battery demand, scaling lithium-ion manufacturing, and growth in industrial and renewable-storage segments.
By 2026, Amara Raja’s lithium-ion cell manufacturing expansion may begin contributing meaningfully.
Growth Drivers:
Higher automotive battery demand
Improved margins due to raw material optimization
Growth in telecom & UPS battery segments
Investment View: Good for medium-term investors seeking sectoral stability with energy-transition exposure.
The company’s energy-storage solutions may scale as EV adoption increases across India.
Growth Drivers:
Commercial EV battery sales
Industrial storage deployment growth
Expanded OEM partnerships
Investment View: Attractive for long-term investors seeking entry into India’s clean-energy growth cycle.
Lithium-ion battery gigafactory expansion could boost operational leverage.
Growth Drivers:
Scale-driven cost reductions
Increasing global exports
High-margin industrial battery replacement cycle
Investment View: Strong potential for multi-year compounding.
EV and renewable-storage penetration reaches mainstream levels by 2029, significantly benefiting the company.
Growth Drivers:
Larger EV ecosystem in India
Growing market share in energy-storage systems
Stronger export contracts
Investment View: Suitable for investors with high long-term conviction.
By 2030, Amara Raja may emerge as one of India’s largest integrated energy-storage players.
Growth Drivers:
Full-scale EV battery portfolio
Global partnerships and joint ventures
Strong free cash flow generation
Investment View: Excellent long-term wealth creation potential if execution remains steady.
Strong leadership in Indian battery market
Early and aggressive push into lithium-ion technology
Healthy balance sheet and consistent dividend payout
Rising EV and renewable energy demand
Robust R&D improving long-term competitiveness
Competition from global lithium-ion manufacturers
High capital expenditure requirements
Raw material price volatility (especially lithium, nickel)
Technology disruption risks in energy storage
With strong fundamentals, a rapidly evolving product portfolio, and strategic focus on new-energy technologies, Amara Raja Energy & Mobility Ltd is well-positioned for long-term growth. Based on the current market trends and expansion trajectory, the stock may reach ₹1,880 to ₹2,240 by 2030, offering a compelling opportunity for investors seeking exposure to EV and clean-energy megatrends.
1. What is the current share price based on your data?
The stock opened and closed around ₹927.80.
2. What is the 2026 share price target?
₹1,050 to ₹1,180.
3. Is Amara Raja Energy & Mobility Ltd good for the long term?
Yes — the company is strongly positioned in EV batteries, industrial storage, and energy mobility.
4. What is the 2030 price target?
₹1,880 to ₹2,240.
5. What influences the share price the most?
EV penetration, lithium-ion capacity expansion, raw material prices, global energy-storage demand, and company execution.
Disclaimer: This article is for informational purposes only. Please consult a financial advisor before investing.
