Why Did Amber Enterprises Shares Crash 17% Despite Strong Growth in Electronics and Rail Divisions?
India, May 18 -- The shares of this company are one of the leading Indian manufacturers in the air conditioner (RAC) and components space, with an expanding presence across electronics, railway subsystems, and consumer durables are in the spotlight after it fell by 17% following its Q4 results.
With a market capitalisation of Rs. 25,575 cr, the shares of Amber Enterprises India Ltd were trading at Rs. 7255.10 per share, declining 17% in today's market session, making a low of Rs. 7,047.65 per share, down from its previous close of Rs. 8,471.70 per share.
Financials
Amber Enterprises India Ltd reported strong consolidated financial performance for FY26, with revenue rising 22% year-on-year to Rs. 12,186 crore. Operating EBITDA also gre...
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