Amber Enterprises India Ltd

(AMBER)

Amber Enterprises Reports Q2 Loss, Shares Decline - 22 Oct, 2024

Amber Enterprises posted a net loss of ₹12.35 crore in Q2, down from a profit of ₹44.31 crore in Q1. Revenue fell significantly, leading to an 11% drop in share price.

Amber Enterprises Hits All-Time High Before Q2 Results - 21 Oct, 2024

Amber Enterprises shares soared 20% to ₹6,484.25, reaching an all-time high ahead of Q2FY25 results. The stock has gained 106% over seven months, driven by strong demand and a new joint venture with Korea Circuit for PCB manufacturing.

Amber Enterprises Stock Rises on JV and Board Meeting - 16 Oct, 2024

Amber Enterprises shares surged 9% to a 52-week high following a board meeting announcement. The stock also rallied 8% due to a JV with Korea Circuit for PCB manufacturing.

Amber Enterprises Partners with Korea Circuit for PCB Manufacturing - 15 Oct, 2024

Amber Enterprises India Ltd has signed a joint venture with Korea Circuit to manufacture advanced printed circuit boards in India, aiming to boost local production and reduce import dependency. The venture aligns with India's Aatmanirbhar Bharat initiative, with Amber holding a 70% stake.

Motilal Oswal Recommends BUY on Amber Enterprises - 08 Oct, 2024

Motilal Oswal Research has reiterated a BUY call on Amber Enterprises, setting a target price of Rs 5,500, indicating a 12% upside potential. The company is well-positioned to benefit from increasing demand in consumer durables and electronics, despite facing challenges in some segments. Its strong financial outlook and strategic investments support a positive long-term trajectory.

Motilal Oswal Recommends Buy on Amber Enterprises - 07 Oct, 2024

Motilal Oswal maintains a positive outlook on Amber Enterprises, projecting a target price of Rs 5,500. The company is expected to grow in consumer durables, electronics, and railways, with significant revenue and profit growth anticipated over the next few years.

Amber Enterprises Expands Capacity and Sees Growth - 03 Oct, 2024

Amber Enterprises, with a market cap of Rs 17,400 crore, is expanding its PCB capacity and expects 25% revenue growth this year. The company signed a slump sale agreement to streamline operations, enhancing flexibility and resource utilization. Year-to-date, shares have returned 64%, with RAC business growing by 50% and non-RAC by 39% in the June quarter.

Amber Enterprises Target Raised Amid Strong Growth Prospects - 27 Sep, 2024

Sharekhan maintains a Buy rating on Amber Enterprises India, setting a target price of Rs 5500. The company is expected to benefit from strong AC industry growth, improved margins, and expansion into electronics and mobility, aiming for a 19% RoCE in the long run.

Amber Enterprises Hits Record High Amid Growth Prospects - 24 Sep, 2024

Amber Enterprises shares surged 7% to a record high of ₹5,364.55, supported by Jefferies' positive outlook and strong growth in the AC sector. Despite closing lower, the company anticipates significant revenue growth in the coming years.

Amber Enterprises Hits Record High Amid Positive Outlook - 23 Sep, 2024

Amber Enterprises shares soared to a record high following Jefferies' Buy recommendation and strong growth prospects in the domestic AC industry. The stock gained significantly, supported by a healthy order book and increased trading volume.