India, March 20 -- The shares of the leading market player in the room air conditioner jumped up to 2.1 percent in today's trading session after the company approved an additional investment of Rs 296.02 crore in its subsidiary by subscribing to its rights issue.

With a market capitalization of Rs 23,720.24 crore, the shares of Amber Enterprises India Ltd were trading at Rs 6,740.30 percent, increasing around 0.66 percent as compared to the previous closing price of Rs 6,696.20 apiece.

Additional Acquisition The share of Amber Enterprises India Ltd has seen positive movement after approving an additional Rs296.02 crore investment in its subsidiary, IL JIN Electronics, via a rights issue. Meanwhile, IL JIN plans to raise up to Rs328.12 c...