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Neutral Amber Enterprises Ltd For Target Rs. 6,684 By Yes Securities Ltd Valuations captures positivity; downgrade to NEUTRAL Result Synopsis AMBER’s Q2FY25 performance has been significantly ahead of ours and consensus estimates with revenue and EBITDA surpassing estimates by 41% and 45% respectively. Consumer durables and EMS division has registered growth of 97% and 98% respectively on yoy basis, with margin improvement of 160bps and 220bps respectively. Strong revenue growth in consumer durables was on back of channel filling, addition of new custo...
Neutral Amber Enterprises Ltd For Target Rs. 6,684 By Yes Securities Ltd
Neutral Amber Enterprises Ltd For Target Rs. 6,684 By Yes Securities Ltd
Source: Yes Securities Ltd.
2024-11-08 03:00:48 pm
Amber Enterprises trades higher on the BSE Amber Enterprises India is currently trading at Rs. 5518.65, up by 35.75 points or 0.65% from its previous closing of Rs. 5482.90 on the BSE. The scrip opened at Rs. 5499.95 and has touched a high and low of Rs. 5567.85 and Rs. 5375.00 respectively. So far 7351 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5670.00 on 16-Oct-2024 and a 52 week low of Rs. 2712.10 on 23-Oct-2023. Last one week high and low of th...
Amber Enterprises trades higher on the BSE
Amber Enterprises trades higher on the BSE
Source: Accord Fintech
2024-10-17 02:46:47 pm
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company Amber Enterprises India is currently trading at Rs. 5409.85, up by 245.90 points or 4.76% from its previous closing of Rs. 5163.95 on the BSE. The scrip opened at Rs. 5155.00 and has touched a high and low of Rs. 5485.90 and Rs. 5148.25 respectively. So far 5934 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5,485.90 on 16-Oct-2024 and a 52 week low of Rs. 2712.10 on 23-Oct-2023. Last one week high and low of ...
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company
Amber Enterprises hits 52-week high as its arm inks pact to form Joint Venture Company
Source: Accord Fintech
2024-10-16 01:39:44 pm
Buy Amber Enterprises Ltd For Target Rs. 6,080 By Yes Securities Ltd. Enhanced capabilities to result in margin uptick; upgrade to BUY Our interaction with management of the company suggest Amber is through its R&D initiatives and acquisition has acquired significant capabilities in AC’s and its components, Railways, PCBA and PCB manufacturing and non-AC components and consumer durables. Through its enhanced capabilities, Amber is expected to outperform the industry and improve its margins as i) RAC dependency will reduce on shifting the revenue mi...
Buy Amber Enterprises Ltd For Target Rs. 6,080 By Yes Securities Ltd.
Buy Amber Enterprises Ltd For Target Rs. 6,080 By Yes Securities Ltd.
Source: Yes Securities Ltd
2024-10-15 02:23:48 pm
Buy Amber Enterprises Ltd For Target Rs. 5500 By Motilal Oswal Financial Services Ltd Electronics segment to grow at a fast pace We recently interacted with Amber Enterprises (AMBER) management to understand the scope of growth in the consumer durables, railways, and electronics segments. Management highlighted a positive view on the long-term growth of the RAC segment, particularly components expected to be driven by improved AC demand in the coming years and continuous addition of new segments and clients in consumer durables. For the electronics division, the company is ...
Buy Amber Enterprises Ltd For Target Rs. 5500 By Motilal Oswal Financial Services Ltd
Buy Amber Enterprises Ltd For Target Rs. 5500 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-10-12 04:47:44 pm
Buy Amber Enterprises India Ltd For Target Rs.4,770 By JM Financial Services Amber Enterprises’ (Amber) 1QFY25 results vs. JMFe estimates saw inline revenue and EBITDA margins. Cons revenue at INR 24bn up 41% YoY and down 14% QoQ. 6 year CAGR of +23% (vs. PGEL 50%). SA rev at INR 17bn up 45% YoY. AC & Comp rev at INR 19.4bn up 46% yoy and OPM at 7.4% down 10 bps yoy. Electronic rev at INR 3.8bn rev up 45% YoY. OPM at 8% up 400bps yoy. Railway & Mobility rev at INR 950mn down 9% yoy, OPM at 21.6% up 190bps yoy. Gross margin at 17.8% vs 17.5% YoY and 16.7%...
Buy Amber Enterprises India Ltd For Target Rs.4,770 By JM Financial Services
Buy Amber Enterprises India Ltd For Target Rs.4,770 By JM Financial Services
Source: JM Financial Services
2024-08-03 11:45:15 am
Amber Enterprises shines on acquiring 50% stake in Resojet Amber Enterprises India is currently trading at Rs. 4067.15, up by 99.20 points or 2.50% from its previous closing of Rs. 3967.95 on the BSE. The scrip opened at Rs. 3996.00 and has touched a high and low of Rs. 4130.00 and Rs. 3996.00 respectively. So far 4390 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4615.20 on 31-Jan-2024 and a 52 week low of Rs. 1806.00 on 09-May-2023. Last one week high and low of th...
Amber Enterprises shines on acquiring 50% stake in Resojet
Amber Enterprises shines on acquiring 50% stake in Resojet
Source: Accord Fintech
2024-05-06 11:32:46 am
AT Railway Sub Systems Private Limited (“AT Railway”), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (“Sidwal” an Amber Enterprises India Limited’s (“Amber AT Railway, has entered into a joint venture with South Korea's Yujin Machinery Ltd to design, manufacture and develop Driving Gears, Couplers and Pantographs for rolling stock, including high-speed and metro trains, regional rapid transit systems, Vande Bharat trains, wagons, trams, and other Indian Railway products, wherein AT railway will have a majority stake in the joint venture. A key element of this joint venture is that it will pave the way for acquiring the necessary technical...
AT Railway Sub Systems Private Limited (“AT Railway”), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (“Sidwal” an Amber Enterprises India Limited’s (“Amber
AT Railway Sub Systems Private Limited (“AT Railway”), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (“Sidwal” an Amber Enterprises India Limited’s (“Amber") wholly owned material subsidiary), forges strategic JV With South
Source: PR Agency
2024-04-07 05:50:08 pm
Accumulate Amber Enterprises Ltd For Target Rs. 3,830 - Elara Capital RAC shifts to in-house; diversification up Transition in RAC business model impacts revenue                Amber Enterprises India’s (AMBER IN) consolidated revenue declined 4% YoY to INR 13bn in Q3FY24, 19% below our estimates, as customers moved to in-house manufacturing than outsourcing. Segment-wise, revenue from the&nb...
Accumulate Amber Enterprises Ltd For Target Rs. 3,830 - Elara Capital
Accumulate Amber Enterprises Ltd For Target Rs. 3,830 - Elara Capital
Source: Elara Capital
2024-02-27 01:52:13 pm
Buy Amber Enterprises India Ltd For Target Rs 3,215 -JM Financial Institutional Securities Amber Enterprises’ (Amber) 2QFY24 results were below estimates led largely by lower revenue in a seasonally weak qtr. Net sales grew by 24% YoY to INR9.3bn (JMFe: INR9.8bn), EBITDA grew 63%YoY to INR596mn (JMFe: INR665mn) with net loss at INR69mn (JMFe: (-) INR 24mn). EBITDA margin came in at 6.4% (+150bps; JMFe: 6.8%). While FY24 growth outlook for the RAC industry is subdued (<10%), channel inventories getting normalised improves outlook for 2H. Growth outlook for the mobility and ...
Buy Amber Enterprises India Ltd For Target Rs 3,215 -JM Financial Institutional Securities
Buy Amber Enterprises India Ltd For Target Rs 3,215 -JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2023-10-31 10:55:33 am
Add Amber Enterprises Ltd For Target Rs. 3,255 - Yes Securities Ltd New capabilities to chart next leg of growth; downgrade to ADDResult Synopsis AMBER?s Q2FY24 results have been a mixed bag with revenue coming in below estimates, while margins have been better than estimates. Lower than expected revenue was on account of some slackness in its motors and electronics division which has seen muted growth of 3% each in Q2. Motors division was affected on lower exports. Management is confident of growth bouncing back in both verticals maintaining motors gro...
Add Amber Enterprises Ltd For Target Rs. 3,255 - Yes Securities Ltd
Add Amber Enterprises Ltd For Target Rs. 3,255 - Yes Securities Ltd
Source: Yes Securities Ltd
2023-10-26 11:39:29 am