{"id":49280,"date":"2022-06-20T18:40:00","date_gmt":"2022-06-20T13:10:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=49280"},"modified":"2022-06-20T18:28:35","modified_gmt":"2022-06-20T12:58:35","slug":"two-ev-stocks-that-are-trading-at-their-52-week-low","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/two-ev-stocks-that-are-trading-at-their-52-week-low\/","title":{"rendered":"Two EV Stocks That Are Trading At Their 52-Week Low"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2802948400\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of two EV companies were beaten down to reach their respective 52-week lows. Amara Raja Batteries Limited slipped 2.58% to \u20b9449.50 apiece, its new 52-week low. Meanwhile, Graphite India Limited\u2019s shares tanked 4.91% to reach their 52-week low of \u20b9 360.30 apiece.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1519224167\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Amara Raja Batteries Limited\u2019s<\/strong> share price has been declining since the company announced its Q4 results. In the past month, its shares have tumbled 12.41% to \u20b9450.05 levels. Similarly, its share price fell 7.80% in the past week to trade at current levels.\u00a0<\/p><p>The energy and mobility enterprise reported a 47.80% decline in its consolidated net profit at \u20b9 98.85 crores as compared to \u20b9189.38 crores during the corresponding quarter last year. However, its revenue from the operations was up 3.72% at \u20b92180.96 crores as compared to \u20b9 2,102.61 crores in the year-ago period.<\/p><p>Emkay Global had given a hold call on the shares of the company with a target price of \u20b9 610. The time period given by the analyst is one year. This translates to an upside of 35.54% as compared to its current share price.<\/p><div class=\"trade-content_5\" id=\"trade-2886451604\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Graphite India Limited\u2019s<\/strong> shares declined 23.14% in the past month, though its consolidated net profit rose 48.44% to \u20b995.00 crores in the March quarter. The company\u2019s sales rose 49.38% to \u20b9 844.00 crores during the same period. Its shares plummeted 13.59% in the past week and 4.43% on Monday. They are currently trading at \u20b9362.35 levels.<\/p><p>A few factors that are weighing down on the markets have dragged these stocks lower. They include the fear of a looming recession, FII outflow and concerns about rising inflation.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Simran Bafna<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3743932769\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of two EV companies were beaten down to reach their respective 52-week lows. Amara Raja Batteries Limited slipped 2.58% to \u20b9449.50 apiece, its new 52-week low. Meanwhile, Graphite India Limited\u2019s shares tanked 4.91% to reach their 52-week low of \u20b9 360.30 apiece. Amara Raja Batteries Limited\u2019s share price has been declining since the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3485,4158,3665,4157,4156,2960,2961,2962,4159,4160,948,936],"class_list":["post-49280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-52-week-low-stocks","tag-amara-raja-batteries","tag-amara-raja-batteries-review","tag-battery-stocks","tag-electric-vehicle-stocks","tag-ev-stock","tag-ev-stock-news","tag-ev-stocks","tag-graphite-india","tag-graphite-india-share","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Two EV Stocks That Are Trading At Their 52-Week Low - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/two-ev-stocks-that-are-trading-at-their-52-week-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two EV Stocks That Are Trading At Their 52-Week Low\" \/>\n<meta property=\"og:description\" content=\"The shares of two EV companies were beaten down to reach their respective 52-week lows. Amara Raja Batteries Limited slipped 2.58% to \u20b9449.50 apiece, its new 52-week low. Meanwhile, Graphite India Limited\u2019s shares tanked 4.91% to reach their 52-week low of \u20b9 360.30 apiece. 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