Amber Enterprises shares rise 2.5% as CLSA reiterates 'outperform', check target price (Pic via Twitter)
Business
M
Moneycontrol15-12-2025, 13:52

Amber Enterprises Shares Up 2.5% on CLSA 'Outperform' Rating; Target Rs 8,400.

  • Amber Enterprises shares rose 2.5% as CLSA reiterated an "outperform" rating with a target price of Rs 8,400, suggesting a 23% potential upside.
  • The company projects strong medium-term growth across consumer durables, electronics, and railways.
  • Motilal Oswal and PL Capital also maintained "BUY" ratings, with target prices of Rs 8,000 and Rs 8,269 respectively.
  • Amber expects 10-15% YoY growth in RAC and 35-40% in electronics for FY26, alongside a Rs 2,600 crore order book in Railways.
  • Challenges include RAC industry inventory issues, higher raw material costs, and changes in rating norms.

Why It Matters: Analysts predict significant upside for Amber Enterprises stock.

More like this

Loading more articles...