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Amber Enterprises gains on acquiring 51% stake in Ever Electronics

18 Oct 2019 Evaluate

Amber Enterprises India is currently trading at Rs. 913.00, up by 4.60 points or 0.51% from its previous closing of Rs. 908.40 on the BSE.

The scrip opened at Rs. 919.00 and has touched a high and low of Rs. 920.45 and Rs. 912.10 respectively. So far 369 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1012.65 on 23-Sep-2019 and a 52 week low of Rs. 621.05 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 958.55 and Rs. 899.45 respectively. The current market cap of the company is Rs. 2876.42 crore.

The promoters holding in the company stood at 44.02%, while Institutions and Non-Institutions held 17.47% and 38.51% respectively.

Amber Enterprises India has acquired 27,91,978 equity share of face value of Rs 10 each comprising of 51% equity stake of total Share Capital of Ever Electronics (Ever). By virtue of the aforesaid acquisition of equity shares of Ever, the company now holds 70% equity stake in the share capital of Ever.

Amber Enterprises India, a part of Amber Group, is one of the largest original equipment manufacturer of white goods in India. Its product list includes Split & Window Air Conditioners for commercial and residential use, Heat Exchangers, Multi Flow Condensers and Home appliances.


Amber Enterprises Share Price

7960.30 249.00 (3.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Voltas 1440.00
Blue Star 1865.85
Amber Enterprises 7960.30
Bosch Home Comfort 1347.55
EPACK Durable 248.40
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