The shares of this smallcap consumer durables stock engaged in manufacturing heating and ventilation equipment jumped 7 percent on Friday after the announcement of its Q3 results with a 64 percent rise in revenue year on year. Price Action With a market capitalization of Rs 23,625.72 crore, Amber Enterprises India Ltd rose 7 percent in [...]
This small-cap stock, a key player in India's air conditioner OEM/ODM industry, surged nearly 19 percent after posting an 81 percent year-on-year revenue growth for Q2 FY25. Share price variations: With a market capitalization of Rs. 21,584.20 crores, Amber Enterprises India Ltd. rose to an intraday high of Rs. 6,788.30 representing a 19.25 percent increase [...]
Shares of Amber Enterprises India rose by more than 13 percent to reach an intraday high of ₹ 2387.30 apiece on the National Stock Exchange (NSE). At 01:58 PM, its shares were trading at ₹ 2299.95 apiece. 2.079 million shares had changed hands at the counter on Tuesday, against merely 42.829 thousand shares on the [...]
India Meteorological Department (IMD) has forecasted a strong summer and there will be an increase in the demand and usage of fans, ACs, refrigerators, and similar appliances. Global brokerage Jefferies sees a huge upside in companies that manufacture and sell these appliances. "In our coverage, key sectors which could benefit from a good summer are [...]
