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What Makes Amara Raja & Exide Good Long-term Investment Bets | Ideas For Profit

Battery manufacturers Amara Raja Battery and Exide Industries remained resilient during the first wave of Covid-19, and are expected to stay strong during the second wave as well given the strong replacement demand. Demand concerns due to Covid second wave have led to corrections in the stock prices of these companies (Amara Raja’s stock price is down 24% from 52-week high, while Exide’s is down 12% from its 52-week high). We believe that this soft patch provides a good entry point with a long-term view.#IdeasForProfit #AmaraRaja #ExideGood #BatteryManufacturerStocksFollow us:Website: https://www.moneycontrol.com/Facebook: https://www.facebook.com/moneycontrol/Twitter: http://www.twitter.com/moneycontrolcomInstagram: https://www.instagram.com/moneycontrolcom/
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