InvestorQ : Can Amber Enterprises can show good intrest tomorrow as the revenue increased by 89% YOY and net profit 11.7 crore
Vivek Yadav made post

Can Amber Enterprises can show good intrest tomorrow as the revenue increased by 89% YOY and net profit 11.7 crore

Answer
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Rutuja Nigam answered.
9 months ago


Amber Enterprises India Ltd acts as a one stop shop for AC related needs. It is a prominent solution provider for Air conditioner OEM/ODM Industry in India. It has a dominant presence in RACs complete unit and deals in major RAC components with 10 manufacturing facilities across India focusing on a range of product segments. The company has in-depth expertise in components like heat exchangers, sheet metal components, injection molding components and system tubing and motors, Amber has also the advantages of backward integration to ensure quality and reduce the cost of delivery.

The stock has gained nearly 70% in the last 8 months and still quotes at a fairly reasonable valuation of around 27 times earnings. It is also a very niche player and will benefit substantially from the organized growth of the market. It is hard to say about one day or two days, but the stock is looking good from a medium term point of view.


user profile image
Rutuja Nigam answered.
9 months ago


Amber Enterprises India Ltd acts as a one stop shop for AC related needs. It is a prominent solution provider for Air conditioner OEM/ODM Industry in India. It has a dominant presence in RACs complete unit and deals in major RAC components with 10 manufacturing facilities across India focusing on a range of product segments. The company has in-depth expertise in components like heat exchangers, sheet metal components, injection molding components and system tubing and motors, Amber has also the advantages of backward integration to ensure quality and reduce the cost of delivery.

The stock has gained nearly 70% in the last 8 months and still quotes at a fairly reasonable valuation of around 27 times earnings. It is also a very niche player and will benefit substantially from the organized growth of the market. It is hard to say about one day or two days, but the stock is looking good from a medium term point of view.