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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 April, 2025 19:18 IST
Amber Enterprises settles 45% higher on listing day
Source: IRIS | 30 Jan, 2018, 04.05PM
Rating: NAN / 5 stars.
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Amber Enterprises India, which got listed on the bourses today, settled at a premium of 44.97% over its issue price.  At the NSE, stock closed at Rs 1,245.25 a share as against issue price of Rs 859 a share.

Shares witnessed a high of Rs 1,269 and a low of Rs 1,115 after opening at Rs 1,175 that is 36.79% premium over its issue price.

Amber Enterprises India is a manufacturer of air conditioners and its component in India. With the market share of 55.4%, Amber is the market leader in the Room Air Conditioner (RAC) design and manufacturing. Amber manufacture RAC's for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. 
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