India's Amara Raja has signed a licensing deal with China's Gotion High Tech to enhance its lithium-ion cell manufacturing capabilities. The agreement involves Amara Raja's wholly-owned subsidiary, Amara Raja Advanced Cell Technologies Pvt. Ltd., and GIB EnergyXSlovakia for advanced LFP technology. Following the announcement, Amara Raja's shares surged nearly 19%, jumping 18%. This strategic partnership aims to boost Amara Raja's position in the battery technology market and benefit the company.
#MarketsWithMC | #AmaraRaja stock jumps 18% after the battery technology licensing deal with #China’s Gotion High Tech📈 Read to know more👇 https://t.co/brCmVdiIdl #Stocks #AndhraPradesh #TDP #StockMarket
#AmaraRaja shares gain nearly 19% as subsidiary inks licensing pact with GIB EnergyX for advanced LFP tech https://t.co/6xfWsd0Vko
Stocks In News | Amara Raja: Co. partners with Gotion to boost Lithium-ion cell manufacturing capabilities. How will this partnership benefit Amara Raja? Is this the right time to invest? Listen In! @soumeet_sarkar @nikunjdalmia @kbbothra https://t.co/1wLZ8IitVr
Amara Raja Energy: Wholly-owned subsidiary Amara Raja Advanced Cell Technologies Pvt. Ltd. has signed a technical licensing agreement with GIB EnergyXSlovakia.
India's Amara Raja inks licensing deal with China's Gotion for lithium-ion cell manufacturing https://t.co/EorLHD9Ded https://t.co/F6OiN1mrAo
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