Q3 results have brought Amara Raja Batteries to the big league. An EPS growth of 66.36% against its same quarter of the previous year and the TTM EPS growth of near 37.81% year-on-year has given the stock an EPS rank of 81.37 among our BTT's tracking index stocks. This means a good 81% of stocks from our list have their earnings performance below Amara Raja. A stock moving up into the 80-100 band of ranking brings it into the top slot of market leaders by performance.
The stock belonging to the Auto Ancillary Industry group which ranks 70th among the 134 industry groups that are tracked in our ranking tables. This industry index has grown above 25% since the beginning of this calender year closely following the broad market averages with superior gains. Among the 32 stocks that comprise this index, many stocks have their rankings in the 80-100 range and have given good returns to investors since January 2012.
Amara Raja Batteries has closed Q3'2011 with a sales of 618.36 crores growing at 44.09% against its same quarter of the previous year. Profit margins at 10.75% has grown 15.37%. This stock had a steady increase in its rankings since 5 quarters and has moved into the big league now.
Price Relative Strength ranking for the stock is at 97.40 at the time of this writing. The stock has managed to achieve this high ranking due to its tremendous bullish move since 31st Jan'12. The stock has made its presence in the new highs list for quite some days now with its continuous up moves which also included high above average volumes. This week the stock will be closing with a weekly volume average above 250%, which is an amazing increase adding more conformity that the prevailing trend is likely to continue.
Investors can add this stock to their watch list to trade long after a basing and breach of resistance which at present is at 299.15.
Please feel free to write to success@bravisatempletree.com for any clarifications on the rankings and money management rules of the stock trading universe.
The stock belonging to the Auto Ancillary Industry group which ranks 70th among the 134 industry groups that are tracked in our ranking tables. This industry index has grown above 25% since the beginning of this calender year closely following the broad market averages with superior gains. Among the 32 stocks that comprise this index, many stocks have their rankings in the 80-100 range and have given good returns to investors since January 2012.
Amara Raja Batteries has closed Q3'2011 with a sales of 618.36 crores growing at 44.09% against its same quarter of the previous year. Profit margins at 10.75% has grown 15.37%. This stock had a steady increase in its rankings since 5 quarters and has moved into the big league now.
Price Relative Strength ranking for the stock is at 97.40 at the time of this writing. The stock has managed to achieve this high ranking due to its tremendous bullish move since 31st Jan'12. The stock has made its presence in the new highs list for quite some days now with its continuous up moves which also included high above average volumes. This week the stock will be closing with a weekly volume average above 250%, which is an amazing increase adding more conformity that the prevailing trend is likely to continue.
Investors can add this stock to their watch list to trade long after a basing and breach of resistance which at present is at 299.15.
Please feel free to write to success@bravisatempletree.com for any clarifications on the rankings and money management rules of the stock trading universe.
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