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Amber Enterprises surges on acquiring 20% stake in Sidwal

21 Sep 2020 Evaluate

Amber Enterprises is currently trading at Rs. 2065.45, up by 21.25 points or 1.04% from its previous closing of Rs. 2044.20 on the BSE.

The scrip opened at Rs. 2069.90 and has touched a high and low of Rs. 2084.50 and Rs. 2040.00 respectively. So far 5195 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2114.25 on 15-Sep-2020 and a 52 week low of Rs. 812.00 on 09-Oct-2019.

Last one week high and low of the scrip stood at Rs. 2114.25 and Rs. 1784.75 respectively. The current market cap of the company is Rs. 6888.85 crore.

The promoters holding in the company stood at 44.02%, while Institutions and Non-Institutions held 19.84% and 36.14% respectively.

Amber Enterprises India has acquired 9,000 equity share of face value of Rs 1000 each comprising of 20% of the Equity Share Capital of Sidwal Refrigeration Industries (Sidwal). By virtue of the aforesaid acquisition of equity shares, the Sidwal has become a Wholly Owned subsidiary of the company with effect from September 18, 2020.

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

7482.10 73.95 (1.00%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Voltas 1282.10
Blue Star 1583.60
Amber Enterprises 7482.10
Bosch Home Comfort 1359.00
EPACK Durable 238.80
View more..

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