Amara Raja stocks rose 20% and reached a record high following a licensing agreement with a Chinese company for battery technology
Amara Raja stocks: Amara Raja Energy and Mobility’s stock surged by 20% to reach Rs 1,656, marking an all-time high on June 25. This increase followed the battery manufacturer’s announcement of a technical licensing agreement with Gotion High-Tech, based in China. Under this agreement, Gotion High-Tech’s subsidiary, GIB EnergyX, will license its LFP technology for…