By Debdeep Gupta | 20 Dec, 2024
Amara Raja Energy & Mobility shares rally 4% as Hyundai adopts made-in-India battery technology
Amara Raja Energy & Mobility shares climbed as much as 4.5 percent to reach Rs 1,275 in morning trade on December 2 after the company announced that Hyundai Motor India would adopt AMARON’s Absorbent Glass Mat (AGM) battery technology across its domestic vehicle lineup.These AGM batteries, designed for Starting, Lighting, and Ignition (SLI) purposes, will be supplied under Hyundai’s existing p...