Amber Enterprises stock up 3% as management, brokerages eye strong growth.

Business
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Moneycontrol•15-12-2025, 16:13
Amber Enterprises stock up 3% as management, brokerages eye strong growth.
- •Amber Enterprises stock surged over 3% today, driven by positive management outlook.
- •Management projects 13-15% growth, outperforming the consumer durables industry, with strong prospects in AC and electronics segments.
- •CLSA maintains an "Outperform" rating with a target price of ₹8,400.
- •Nuvama recommends "Buy" with a target of ₹9,100, citing strong electronics growth and market leadership.
- •Nuvama adjusted FY26 and FY27 EPS estimates downwards due to recent acquisitions and rising raw material costs.
Why It Matters: Amber Enterprises' positive outlook and broker ratings hint at future gains.
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