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18534.40

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Nifty
Sensex

:
:

18534.40
62622.24

-99.45 (-0.53%)
-346.89 (-0.55%)

Amara Raja Batteries Ltd.

Batteries

Rating :

52/99

BSE: 500008 | NSE: AMARAJABAT

Watchlist

NSE BSE

601.10

31-May-2023

Day's Open
Day's High
Day's Low
Previous Close

608.25
618.70
596.30
608.20

Volume
Traded Value (lacs)
52 Week High
52 Week Low

595864
3619.26
668.15
438.05

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

10,304.26
15.00
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

10,273.53
1.01%
1.97

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

11.38
7.49
8.34

EBITDA CAGR (%)

10 Years
5 Years
3 Years

8.53
2.94
-1.42

PAT CAGR (%)

10 Years
5 Years
3 Years

5.95
1.64
-8.12

P:E (Median)

8 Years
5 Years
3 Years

16.68
17.97
17.23

P:BV (Average)

8 Years
5 Years
3 Years

2.08
2.79
2.69

EV:EBITDA (Average)

8 Years
5 Years
3 Years

7.46
10.04
9.82

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 23 Mar 22 Var% Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var%
Net Sales 2,429.21 2,180.70 11.40% 2,637.24 2,365.07 11.51% 2,699.46 2,264.19 19.22% 2,620.00 1,885.86 38.93%
Expenses 2,091.96 1,960.83 6.69% 2,240.38 2,081.07 7.66% 2,339.26 1,995.28 17.24% 2,359.11 1,636.00 44.20%
EBITDA 337.25 219.87 53.39% 396.86 284.00 39.74% 360.20 268.91 33.95% 260.89 249.86 4.41%
EBIDTM 13.88% 10.08% 15.05% 12.01% 13.34% 11.88% 9.96% 13.25%
Other Income 22.60 15.97 41.52% 26.07 18.95 37.57% 23.67 26.44 -10.48% 16.99 16.62 2.23%
Interest 6.23 4.62 34.85% 5.84 3.77 54.91% 5.43 3.56 52.53% 4.58 3.15 45.40%
Depreciation 114.45 98.73 15.92% 114.52 102.13 12.13% 101.92 98.57 3.40% 96.34 96.29 0.05%
PBT 191.52 132.49 44.55% 302.57 197.05 53.55% 276.52 193.22 43.11% 176.96 167.04 5.94%
Tax 53.54 33.95 57.70% 79.76 52.40 52.21% 74.35 49.10 51.43% 45.51 43.10 5.59%
PAT 137.98 98.54 40.02% 222.81 144.65 54.03% 202.17 144.12 40.28% 131.45 123.94 6.06%
PATM 5.68% 4.52% 8.45% 6.12% 7.49% 6.37% 5.02% 6.57%
EPS 8.08 5.77 40.03% 13.05 8.47 54.07% 11.84 8.44 40.28% 7.70 7.26 6.06%

Description Mar 23 Mar 22 Var% Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var%
Net Sales 2,429.44 2,180.96 11.39% 2,637.76 2,365.87 11.49% 2,700.47 2,264.15 19.27% 2,620.53 1,886.17 38.93%
Expenses 2,192.10 1,960.78 11.80% 2,243.16 2,081.22 7.78% 2,341.76 1,995.04 17.38% 2,359.08 1,636.15 44.18%
EBITDA 237.34 220.18 7.79% 394.60 284.65 38.63% 358.71 269.11 33.29% 261.45 250.02 4.57%
EBIDTM 9.77% 10.10% 14.96% 12.03% 13.28% 11.89% 9.98% 13.26%
Other Income 24.56 15.97 53.79% 26.52 18.95 39.95% 23.97 26.44 -9.34% 16.99 16.62 2.23%
Interest 6.23 4.62 34.85% 5.84 3.77 54.91% 5.43 3.56 52.53% 4.58 3.15 45.40%
Depreciation 14.45 98.73 -85.36% 114.52 102.13 12.13% 101.92 98.57 3.40% 96.34 96.29 0.05%
PBT 193.57 132.80 45.76% 300.76 197.70 52.13% 275.33 193.42 42.35% 177.52 167.20 6.17%
Tax 54.15 33.95 59.50% 78.88 52.40 50.53% 74.11 49.10 50.94% 45.51 43.10 5.59%
PAT 139.42 98.85 41.04% 221.88 145.30 52.70% 201.22 144.32 39.43% 132.01 124.10 6.37%
PATM 5.74% 4.53% 8.41% 6.14% 7.45% 6.37% 5.04% 6.58%
EPS 8.16 5.79 40.93% 12.99 8.51 52.64% 11.78 8.45 39.41% 7.73 7.27 6.33%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 10,385.91 8,695.82 7,149.68 6,839.46 6,793.11 6,059.15 5,317.15 4,617.76 4,211.33 3,436.66 2,958.91 Net Sales Growth 19.44% 21.63% 4.54% 0.68% 12.11% 13.95% 15.15% 9.65% 22.54% 16.15% Cost Of Goods Sold 7,186.69 6,121.33 4,744.68 4,447.13 4,644.10 4,116.25 3,488.49 2,910.51 2,776.13 2,283.35 1,991.48 Gross Profit 3,199.22 2,574.49 2,405.00 2,392.33 2,149.01 1,942.90 1,828.66 1,707.25 1,435.21 1,153.30 967.44 GP Margin 30.80% 29.61% 33.64% 34.98% 31.64% 32.07% 34.39% 36.97% 34.08% 33.56% 32.70% Total Expenditure 9,030.71 7,674.74 6,035.04 5,741.19 5,842.32 5,175.97 4,467.90 3,795.23 3,509.61 2,879.36 2,508.49 Power & Fuel Cost - 249.58 212.98 222.82 206.48 180.91 161.55 144.51 122.92 92.26 97.81 % Of Sales - 2.87% 2.98% 3.26% 3.04% 2.99% 3.04% 3.13% 2.92% 2.68% 3.31% Employee Cost - 498.76 426.04 385.18 345.23 308.99 277.75 242.91 195.09 158.32 126.23 % Of Sales - 5.74% 5.96% 5.63% 5.08% 5.10% 5.22% 5.26% 4.63% 4.61% 4.27% Manufacturing Exp. - 150.19 114.64 104.48 98.69 85.53 84.33 81.39 72.30 51.66 45.14 % Of Sales - 1.73% 1.60% 1.53% 1.45% 1.41% 1.59% 1.76% 1.72% 1.50% 1.53% General & Admin Exp. - 92.73 62.20 80.31 107.15 91.08 90.78 80.54 66.95 98.85 63.12 % Of Sales - 1.07% 0.87% 1.17% 1.58% 1.50% 1.71% 1.74% 1.59% 2.88% 2.13% Selling & Distn. Exp. - 447.37 333.53 361.61 332.57 274.24 251.21 221.47 143.44 175.53 168.58 % Of Sales - 5.14% 4.66% 5.29% 4.90% 4.53% 4.72% 4.80% 3.41% 5.11% 5.70% Miscellaneous Exp. - 114.78 140.97 139.66 108.10 118.97 113.79 113.90 132.78 19.40 168.58 % Of Sales - 1.32% 1.97% 2.04% 1.59% 1.96% 2.14% 2.47% 3.15% 0.56% 0.55% EBITDA 1,355.20 1,021.08 1,114.64 1,098.27 950.79 883.18 849.25 822.53 701.72 557.30 450.42 EBITDA Margin 13.05% 11.74% 15.59% 16.06% 14.00% 14.58% 15.97% 17.81% 16.66% 16.22% 15.22% Other Income 89.33 79.54 88.38 55.34 47.73 66.42 49.90 46.33 42.38 48.54 46.91 Interest 22.08 15.10 10.53 12.19 6.95 5.06 5.77 5.53 0.24 0.72 0.27 Depreciation 427.23 395.72 319.16 300.74 261.20 230.34 191.17 140.69 133.99 64.57 66.09 PBT 947.57 689.80 873.33 840.68 730.37 714.20 702.21 722.64 609.86 540.55 430.97 Tax 253.16 178.55 226.52 179.86 246.88 242.88 223.72 231.01 199.00 169.23 135.11 Tax Rate 26.72% 25.88% 25.94% 21.39% 33.80% 34.01% 31.86% 31.97% 32.63% 31.53% 32.03% PAT 694.41 511.25 646.81 660.82 483.49 471.32 478.49 491.63 410.86 367.44 286.70 PAT before Minority Interest 694.41 511.25 646.81 660.82 483.49 471.32 478.49 491.63 410.86 367.44 286.70 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.69% 5.88% 9.05% 9.66% 7.12% 7.78% 9.00% 10.65% 9.76% 10.69% 9.69% PAT Growth 35.83% -20.96% -2.12% 36.68% 2.58% -1.50% -2.67% 19.66% 11.82% 28.16% EPS 40.66 29.93 37.87 38.69 28.31 27.59 28.01 28.78 24.06 21.51 16.79

Description TTM Mar 22 Mar 21 Mar 20 Mar 19
Net Sales 10,388.20 8,697.15 7,149.78 6,839.17 6,793.11 Net Sales Growth 19.44% 21.64% 4.54% 0.68% Cost Of Goods Sold 7,186.87 6,121.35 4,744.38 4,446.85 4,644.10 Gross Profit 3,201.33 2,575.80 2,405.40 2,392.32 2,149.01 GP Margin 30.82% 29.62% 33.64% 34.98% 31.64% Total Expenditure 9,136.10 7,674.75 6,035.12 5,740.92 5,842.58 Power & Fuel Cost - 249.58 212.98 222.82 206.48 % Of Sales - 2.87% 2.98% 3.26% 3.04% Employee Cost - 499.31 426.64 385.81 345.39 % Of Sales - 5.74% 5.97% 5.64% 5.08% Manufacturing Exp. - 150.19 114.64 104.48 98.69 % Of Sales - 1.73% 1.60% 1.53% 1.45% General & Admin Exp. - 93.16 62.47 80.66 107.23 % Of Sales - 1.07% 0.87% 1.18% 1.58% Selling & Distn. Exp. - 447.37 333.53 361.61 332.57 % Of Sales - 5.14% 4.66% 5.29% 4.90% Miscellaneous Exp. - 113.79 140.48 138.69 108.12 % Of Sales - 1.31% 1.96% 2.03% 1.59% EBITDA 1,252.10 1,022.40 1,114.66 1,098.25 950.53 EBITDA Margin 12.05% 11.76% 15.59% 16.06% 13.99% Other Income 92.04 79.54 88.38 55.34 47.73 Interest 22.08 15.10 10.53 12.19 6.95 Depreciation 327.23 395.72 319.16 300.74 261.20 PBT 947.18 691.12 873.35 840.66 730.11 Tax 252.65 178.55 226.52 179.86 246.88 Tax Rate 26.67% 25.83% 25.94% 21.40% 33.81% PAT 694.53 512.57 646.83 660.80 483.23 PAT before Minority Interest 694.53 512.57 646.83 660.80 483.23 Minority Interest 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.69% 5.89% 9.05% 9.66% 7.11% PAT Growth 35.50% -20.76% -2.11% 36.75% EPS 40.66 30.01 37.87 38.69 28.29

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Shareholder's Funds 4,551.39 4,210.26 3,655.61 3,335.32 2,937.39 2,593.07 2,115.87 1,699.57 1,362.70 1,059.81 Share Capital 17.08 17.08 17.08 17.08 17.08 17.08 17.08 17.08 17.08 17.08 Total Reserves 4,534.31 4,193.18 3,638.53 3,318.24 2,920.31 2,575.99 2,098.79 1,682.49 1,345.62 1,042.73 Non-Current Liabilities 297.12 257.37 243.02 258.15 238.18 231.88 197.09 155.29 143.04 134.46 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 16.52 23.39 34.34 46.80 58.43 69.01 72.47 74.14 75.95 77.31 Long Term Provisions 108.26 95.39 83.75 69.46 45.15 40.42 38.29 44.31 36.96 37.64 Current Liabilities 1,527.34 1,329.45 1,101.96 902.47 992.98 759.62 637.80 716.42 477.81 576.19 Trade Payables 806.45 746.47 614.89 510.44 592.26 418.44 349.29 260.91 127.78 136.28 Other Current Liabilities 583.64 460.22 387.66 330.14 344.76 287.52 233.88 150.94 215.67 180.73 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.38 9.86 Short Term Provisions 137.25 122.76 99.41 61.89 55.96 53.66 54.63 304.57 125.98 249.32 Total Liabilities 6,375.85 5,797.08 5,000.59 4,495.94 4,168.55 3,584.57 2,950.76 2,571.28 1,983.55 1,770.46 Net Block 2,492.30 2,454.76 1,829.22 1,812.76 1,703.25 1,492.14 1,352.01 944.26 623.19 358.87 Gross Block 4,249.78 3,862.82 2,926.88 2,616.48 2,252.94 1,815.56 1,486.39 1,441.38 995.53 680.26 Accumulated Depreciation 1,757.48 1,408.06 1,097.66 803.72 549.69 323.42 134.38 497.12 364.79 313.85 Non Current Assets 3,551.83 2,976.21 2,777.69 2,291.87 2,016.25 1,825.95 1,542.62 1,116.83 840.83 513.62 Capital Work in Progress 829.65 399.28 827.02 314.74 226.38 240.25 122.85 86.32 144.67 102.98 Non Current Investment 43.05 7.12 13.92 20.16 19.81 18.88 20.00 16.08 16.08 16.08 Long Term Loans & Adv. 185.66 113.76 107.17 142.69 65.88 72.98 45.98 70.10 56.77 35.35 Other Non Current Assets 1.17 1.29 0.36 1.52 0.93 1.70 1.78 0.07 0.12 0.34 Current Assets 2,824.02 2,820.87 2,222.90 2,204.07 2,152.30 1,758.62 1,408.14 1,454.46 1,142.71 1,256.85 Current Investments 34.73 273.42 142.25 0.30 15.33 127.78 0.00 0.00 0.00 0.00 Inventories 1,803.78 1,438.24 1,142.69 1,061.42 1,049.71 816.95 601.64 418.13 335.01 292.86 Sundry Debtors 792.56 787.46 636.28 768.58 782.45 570.49 592.15 554.10 452.79 380.68 Cash & Bank 53.57 175.81 84.51 71.75 111.28 170.92 150.25 222.17 294.57 410.79 Other Current Assets 139.38 43.71 52.75 48.59 193.53 72.48 64.10 260.06 60.35 172.53 Short Term Loans & Adv. 91.66 102.23 164.42 253.43 134.58 34.42 36.84 248.60 51.86 165.68 Net Current Assets 1,296.68 1,491.42 1,120.94 1,301.60 1,159.32 999.00 770.34 738.03 664.91 680.66 Total Assets 6,375.85 5,797.08 5,000.59 4,495.94 4,168.55 3,584.57 2,950.76 2,571.29 1,983.54 1,770.47

Description Mar 22 Mar 21 Mar 20 Mar 19
Shareholder's Funds 4,552.48 4,209.99 3,655.31 3,335.04 Share Capital 17.08 17.08 17.08 17.08 Total Reserves 4,535.40 4,192.91 3,638.23 3,317.96 Non-Current Liabilities 297.15 257.39 243.04 258.15 Secured Loans 0.00 0.00 0.00 0.00 Unsecured Loans 16.52 23.39 34.34 46.80 Long Term Provisions 108.29 95.41 83.77 69.46 Current Liabilities 1,526.47 1,329.51 1,102.05 902.51 Trade Payables 805.50 746.50 614.95 510.45 Other Current Liabilities 583.68 460.23 387.69 330.17 Short Term Borrowings 0.00 0.00 0.00 0.00 Short Term Provisions 137.29 122.78 99.41 61.89 Total Liabilities 6,376.10 5,796.89 5,000.40 4,495.70 Net Block 2,492.30 2,454.76 1,829.22 1,812.76 Gross Block 4,249.78 3,862.82 2,926.88 2,616.48 Accumulated Depreciation 1,757.48 1,408.06 1,097.66 803.72 Non Current Assets 3,551.27 2,975.65 2,777.15 2,291.59 Capital Work in Progress 829.65 399.28 827.02 314.74 Non Current Investment 42.48 6.55 13.35 19.88 Long Term Loans & Adv. 185.67 113.77 107.20 142.69 Other Non Current Assets 1.17 1.29 0.36 1.52 Current Assets 2,824.83 2,821.24 2,223.25 2,204.11 Current Investments 34.73 273.42 142.25 0.30 Inventories 1,804.56 1,438.93 1,143.00 1,061.42 Sundry Debtors 792.00 786.93 636.30 768.58 Cash & Bank 54.12 176.01 84.53 71.83 Other Current Assets 139.42 43.71 52.75 48.64 Short Term Loans & Adv. 91.70 102.24 164.42 253.34 Net Current Assets 1,298.36 1,491.73 1,121.20 1,301.60 Total Assets 6,376.10 5,796.89 5,000.40 4,495.70

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Cash From Operating Activity 632.95 802.03 1,176.91 541.34 321.66 552.89 554.71 395.03 278.75 335.46 PBT 689.80 873.33 840.68 730.37 714.20 702.21 722.64 609.86 536.67 421.82 Adjustment 383.09 258.32 283.36 236.96 196.71 166.76 123.45 122.40 34.25 59.64 Changes in Working Capital -240.60 -130.10 289.24 -184.31 -344.97 -113.69 -73.24 -145.04 -131.54 -9.38 Cash after chg. in Working capital 832.29 1,001.55 1,413.28 783.02 565.94 755.28 772.85 587.22 439.38 472.08 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -199.34 -199.52 -236.37 -241.68 -244.28 -202.39 -218.14 -192.20 -160.63 -136.61 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -481.89 -634.97 -849.65 -463.14 -244.26 -534.94 -393.82 -289.06 -344.84 -120.51 Net Fixed Assets -817.33 -508.20 -822.68 -451.90 -423.51 -446.57 -81.54 -387.50 -356.96 -130.47 Net Investments 202.76 -124.37 -135.71 14.68 111.52 -126.66 -3.92 0.00 0.00 0.00 Others 132.68 -2.40 108.74 -25.92 67.73 38.29 -308.36 98.44 12.12 9.96 Cash from Financing Activity -213.48 -121.50 -363.79 -91.62 -138.16 -1.97 -163.66 -74.54 -53.10 -34.97 Net Cash Inflow / Outflow -62.42 45.56 -36.53 -13.42 -60.76 15.98 -2.77 31.43 -119.19 179.99 Opening Cash & Equivalents 96.73 32.60 50.15 48.73 100.74 78.42 74.60 48.28 409.47 228.32 Closing Cash & Equivalent 34.31 96.73 32.60 50.15 48.73 100.74 78.42 74.59 292.86 409.47

Description Mar 22 Mar 21 Mar 20 Mar 19
Cash From Operating Activity 633.26 802.21 1,176.56 541.14 PBT 691.12 873.35 840.66 730.11 Adjustment 383.09 258.32 283.36 236.94 Changes in Working Capital -241.61 -129.94 288.91 -184.23 Cash after chg. in Working capital 832.60 1,001.73 1,412.93 782.82 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -199.34 -199.52 -236.37 -241.68 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -481.89 -634.97 -849.36 -462.86 Net Fixed Assets -817.33 -508.20 -822.68 Net Investments 202.76 -124.37 -135.71 Others 132.68 -2.40 109.03 Cash from Financing Activity -213.48 -121.50 -363.79 -91.62 Net Cash Inflow / Outflow -62.11 45.74 -36.59 -13.34 Opening Cash & Equivalents 96.93 32.62 50.23 48.73 Closing Cash & Equivalent 34.86 96.93 32.62 50.23

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Book Value (Rs.) 266.47 246.50 214.03 195.28 171.98 151.82 123.88 99.50 79.78 62.05 ROA 8.40% 11.98% 13.92% 11.16% 12.16% 14.64% 17.81% 18.04% 19.58% 18.37% ROE 11.67% 16.45% 18.91% 15.42% 17.04% 20.32% 25.77% 26.83% 30.34% 30.45% ROCE 15.99% 22.24% 24.04% 23.06% 25.39% 29.16% 36.72% 37.85% 41.40% 41.04% Fixed Asset Turnover 2.14 2.11 2.47 2.79 3.06 3.62 3.54 3.81 4.58 5.09 Receivable days 33.16 36.34 37.49 41.67 39.61 35.47 40.35 39.63 39.64 38.61 Inventory Days 68.04 65.88 58.81 56.72 54.66 43.28 35.90 29.64 29.86 30.85 Payable days 46.30 52.36 35.49 33.83 35.23 30.67 28.91 20.47 16.90 16.09 Cash Conversion Cycle 54.90 49.86 60.81 64.56 59.04 48.08 47.33 48.80 52.60 53.37 Total Debt/Equity 0.01 0.01 0.01 0.02 0.02 0.03 0.04 0.04 0.06 0.08 Interest Cover 46.68 83.94 69.96 106.09 142.15 122.70 131.68 2531.55 748.45 1569.09

Description Mar 22 Mar 21 Mar 20 Mar 19
Book Value (Rs.) 266.54 246.49 214.01 195.26 ROA 8.42% 11.98% 13.92% 10.75% ROE 11.70% 16.45% 18.91% 14.49% ROCE 16.01% 22.25% 24.04% 21.72% Fixed Asset Turnover 2.14 2.11 2.47 2.60 Receivable days 33.13 36.33 37.49 41.30 Inventory Days 68.06 65.90 58.82 57.03 Payable days 46.27 52.37 35.49 31.32 Cash Conversion Cycle 54.92 49.86 60.83 67.01 Total Debt/Equity 0.01 0.01 0.01 0.02 Interest Cover 46.77 83.94 69.96 106.05

Top Investors:

clarios arbl holding lp

nalanda india equity fund limited

life insurance corporation of india

kotak emerging equity scheme

vanguard emerging markets stock index fund, a series of vanguard international equity

investor education and protection fund (iepf)

Annual Reports:

News Update:

Amara Raja Batteries reports 41% rise in Q4 consolidated net profit
24th May 2023, 12:47 PM

Total consolidated income of the company increased by 11.70% at Rs 2454.00 crore for Q4FY23
Read More
Amara Raja Batteries gets nod for secondary acquisition in Amara Raja Power Systems
24th May 2023, 09:41 AM

This acquisition also helps in strengthening the solution offering to the energy storage applications
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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