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Investors became happy within a month, stock increased by more than 50%, upper circuit was imposed yesterday also

Multibagger Amara Raja Energy Share Price: Amara Raja Energy share hit upper circuit of 12 percent yesterday. At the same time, in the last one month this stock has given returns of more than 50 percent to the investors. 

Amara Raja Energy share price: Tremendous rise has been seen in many stocks in the share market. Amara Raja Energy shares hit upper circuit of 12 percent yesterday. At the same time, in the last one month this stock has given returns of more than 50 percent to the investors. On Tuesday, the share price of Amara Raja Energy on BSE increased by more than 12% to reach a 52-week record level of 1167.55. The stock witnessed a rise for the fifth consecutive session. 
This stock hit an upper circuit of 12 percent yesterday. Today the share saw a rise of Rs 125.60. After yesterday’s upper circuit, the stock has reached the level of 1,167.00. At the same time, on Tuesday it closed at the level of 1,154.00 with an increase of 10.81 percent i.e. Rs 112.60.
At the same time, in the last 5 days the company’s shares have given a return of 33.02 percent to the investors. 5 days ago the price of this stock was Rs 877 per 10 grams. At the same time, the share price has increased by Rs 289 in 5 days. 
Stock increased by more than 50% in 1 month
If we look at the chart of one month, a growth of 50.74 percent is seen in this stock. On March 26, Amar Raja Energy share price was at the level of Rs 774. At the same time, the stock has given a return of 89.08 percent in 6 months. 
How was the condition of the stock a year ago?
A year ago the price of this stock was at the level of Rs 594. At the same time, this share has doubled the investors’ money in one year. This stock has seen a rise of Rs 572.65 in a year. 
The company changed its name last year
Amara Raja Energy and Mobility Limited was earlier known as Amara Raja Batteries. The company has changed its name in September 2023. The company is expanding beyond batteries into the energy and mobility sectors, due to which the company changed its name.
(Disclaimer: Only information about share performance is given here, it is not investment advice. Investing in the stock market is subject to risks and consult your advisor before investing.)
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