On 28th October results of Amarajabat were announced. They posted 23 percent rise in consolidated net profit at Rs 123 crore for the second quarter Q2 ended September 30. Why was there a 6% fall in the stock price despite good results? Since then the stock is coming down.
http://www.moneycontrol.com/news/results/amara-raja-batteries-q2-net23-at-rs-123-cr_3828141.html
http://www.moneycontrol.com/news/results/amara-raja-batteries-q2-net23-at-rs-123-cr_3828141.html