Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Amber Enterprises India is currently trading at Rs. 3716.50, up by 144.35 points or 4.04% from its previous closing of Rs. 3572.15 on the BSE.
The scrip opened at Rs. 3646.40 and has touched a high and low of Rs. 3738.85 and Rs. 3536.05 respectively. So far 4884 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3788.40 on 12-Oct-2021 and a 52 week low of Rs. 2679.20 on 03-Feb-2021.
Last one week high and low of the scrip stood at Rs. 3738.85 and Rs. 3140.00 respectively. The current market cap of the company is Rs. 12530.02 crore.
The promoters holding in the company stood at 40.27%, while Institutions and Non-Institutions held 38.34% and 21.40% respectively.
Amber Enterprises India has entered into the definitive agreements with ‘Pravartaka Tooling Services’ (Pravartaka) and acquired 60% stake in the equity share capital of Pravartaka, which is engaged in the business of injection mould tool manufacturing and injection moulding components manufacturing for various industries (Business).
The Business is being acquired by Pravartaka from Pioneer Tooling Services (Pioneer) one of the leading injection moulding tool maker and injection moulding components maker for consumer durable, automotive and electronics industry on slump sale basis in the financial year 2021-22.
By virtue of the aforesaid acquisition of 60% stake in equity share capital of Pravartaka, the Pravartaka has become a subsidiary of Amber Enterprises India with effect from February 01, 2022. This acquisition will help company to have inhouse capability of injection molding tools manufacturing and grow its component segment with focus on providing more diversified solution of Injection molding component for industries such as automotive, electronics & consumer durable.
Amber Enterprises India is a prominent solution provider for Air conditioner OEM/ODM Industry in India.
| Company Name | CMP |
|---|---|
| Voltas | 1288.70 |
| Blue Star | 1581.85 |
| Amber Enterprises | 3969.65 |
| Johnson Controls | 1273.75 |
| EPACK Durable | 180.45 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
