Amber Enterprises India Limited

Equities

AMBER

INE371P01015

Electrical Components & Equipment

Market Closed - NSE India S.E. Other stock markets 07:43:52 2024-06-27 am EDT			5-day change	1st Jan Change
4,279 ^INR	+0.39%		+7.01%	+36.48%

Jun. 12	Amber Enterprises India Limited acquired an additional 4.60% stake in IL Jin Electronics Private Limited from Hyun Chul Sim for approximately INR 330 million.	CI
May. 25	Amber Enterprises India Limited acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million.	CI

Amber Enterprises India Limited acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million.

May 24, 2024

Amber Enterprises India Limited (NSEI:AMBER) acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million on May 24, 2024. Amber Enterprises India Limited acquired 1.11 million shares of Ever Electronics Private Limited. Ever Electronics Private Limited had a turnover of INR 3.07 billion in the year 2023-24.

Amber Enterprises India Limited (NSEI:AMBER) completed the acquisition of additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for on May 24, 2024.

Latest news about Amber Enterprises India Limited

Amber Enterprises India Limited acquired an additional 4.60% stake in IL Jin Electronics Private Limited from Hyun Chul Sim for approximately INR 330 million.	Jun. 11	CI
Amber Enterprises India Limited acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million.	May. 24	CI
Amber Enterprises India Limited acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million.	May. 24	CI
Amber Enterprises India Limited acquired additional 20.22% stake in Ever Electronics Private Limited from Hyun Chul Sim for INR 686.3 million.	May. 24	CI
Jefferies Adjusts Amber Enterprises India's Price Target to INR4,900 From INR4,385, Keeps at Buy	May. 20	MT
Transcript : Amber Enterprises India Limited, Q4 2024 Earnings Call, May 18, 2024	May. 18
Amber Enterprises India Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	May. 17	CI
Amber Enterprises India Limited Reports Earnings Results for the Full Year Ended March 31, 2024	May. 17	CI
Amber Enterprises India Limited completed the acquisition of 50% stake in Resojet Private Limited from Lcgc Resolute Appliances Llp.	May. 03	CI
Amber Enterprises India Limited Enters into an Investment Cum Joint Venture Agreement to Enter into 50:50 Joint Venture	Mar. 21	CI
Amber Enterprises India Limited executed a definitive agreement to acquire 50% stake in Resojet Private Limited from Lcgc Resolute Appliances Llp for INR 350 million.	Mar. 20	CI
Jefferies Adjusts Amber Enterprises India's Price Target to INR4,385 From INR4,000, Keeps at Buy	Feb. 13	MT
Transcript : Amber Enterprises India Limited, Q3 2024 Earnings Call, Feb 12, 2024	Feb. 11
Amber Enterprises India Limited Appoints Sakshi Gupta as Company Secretary	Feb. 10	CI
Amber Enterprises India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 10	CI
Amber Enterprises, Korea Circuit Tie Up for PCB Production in India	Jan. 23	MT
Amber Group Inks MoU to Manufacture Flex, HDI, Semiconductor Substrates PCBs, with South Korea's Korea Circuit, A Youngpoong Group Co.; Fortifying PCB Manufacturing in India	Jan. 23	CI
Amber Enterprises Unit to Buy Majority Stake on Ascent Circuits	Jan. 03	MT
Jefferies Adjusts Amber Enterprises India's Price Target to INR3,990 From INR3,740, Keeps at Buy	23-10-24	MT
Transcript : Amber Enterprises India Limited, Q2 2024 Earnings Call, Oct 23, 2023	23-10-23
Amber Enterprises India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-21	CI
Amber Enterprises Unit, NEXXBASE to Form Smart Wearables JV	23-09-18	MT
Amber Enterprises India Limited acquired remaining 27% stake in Pasio India Private Limited for INR 94.4 million.	23-07-31	CI
Transcript : Amber Enterprises India Limited, Q1 2024 Earnings Call, Jul 26, 2023	23-07-26
Amber Enterprises India Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-07-25	CI

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Company Profile

Amber Enterprises India Limited is engaged in manufacturing of consumer durable products. The Company is a solution provider for air conditioner original equipment manufacturer (OEM) /original design manufacturer (ODM) industry in India. It designs and manufactures complete refrigeration and air conditioning (RACS) including window air conditioners (WACS) and indoor units (IDUS) and outdoor units (ODUS) of split air conditioners (SACs) with specifications ranging from 0.75 ton to two tons, across energy ratings and types of refrigerants. It also manufactures functional components of RACS that include heat exchangers, motors and multi-flow condensers with other components, such as sheet metal components, copper tubing and including plastic extrusion, vacuum forming and injection molding processes. The Company also manufactures components, other durables, and automobiles, such as case liners for refrigerator, plastic extrusion sheets, and sheet metal components for microwave.

Sector

Electrical Components & Equipment

Calendar

2024-08-08 - Q1 2025 Earnings Release (Projected)

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Ratings for Amber Enterprises India Limited

Trading Rating

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ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4,279 INR

Average target price

4,166 INR

Spread / Average Target

-2.65%

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Sector Heating, Ventilation & Air Conditioning Systems

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Heating, Ventilation & Air Conditioning Systems