Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct recommended hold rating on Amber Enterprises with a target price of Rs 3050 in its research report dated May 16, 2022.

Hold Amber Enterprises; target of Rs 3050 : ICICI Direct

Privi Speciality Chemicals Ltd, Tinplate Company of India Ltd, Heranba Industries Ltd and AGI Greenpac Ltd are among the other losers in the BSE’s ‘A’ group today, 16 May 2022.

Amber Enterprises India Ltd leads losers in ‘A’ group

Amber Enterprises India Ltd recorded volume of 7.93 lakh shares by 14:14 IST on NSE, a 8.77 times surge over two-week average daily volume of 90430 shares

Volumes soar at Amber Enterprises India Ltd counter

Shares of Amber Enterprises have tumbled about 21 per cent in the last one month, whereas the counter has remained flat in the last one year. The scrip has eroded about one third of its value from its 52-week low of Rs 4,023.65.

Amber Enterprises plunges 17% after Q4 numbers. Here’s what brokerages say

In Q4, EBITDA margins declined by 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost.

Amber Enterprises tanks 18% on weak Q4 operational performance

Amber Enterprises Dives 20% on Poor Q4, Analysts See Upto 30% Upside in Stock

Amber Enterprises India standalone net profit declines 46.59% in the March 2022 quarter

Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.

Amber Enterprises soars 8%, hits record high on hopes of strong AC volumes

The government is set to roll out the second phase of the White Goods Production Linked Incentive Scheme. 19 companies have applied for this scheme in the second round. Anil Agrawal, Additional Secretary- Department for Promotion of Industry and Internal Trade, Jasbir Singh, the CEO of Amber Enterprises and CP Mukundan Menon, the President and Chief Operating Officer of Cooling and Purification Appliances at Blue Star.

#BusinessNews #BusinessNewsToday #BusinessNewsInEnglish #ShareMarketToday #AnilAgrawal #JasbirSingh #CPMukundanMenon

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Discussing The PLI Scheme For White Goods Sector | News Centre | CNBC-TV18

Venkys (India) Ltd, Amber Enterprises India Ltd, Radico Khaitan Ltd and Team Lease Services Ltd are among the other losers in the BSE’s ‘A’ group today, 04 February 2022.

Godrej Properties Ltd leads losers in ‘A’ group

In Q3FY22, the company’s revenue, Earnings before interest tax and depreciation and amortization (EBITDA) and profit after tax (PAT) surpassed the pre-pandemic level.

Amber Enterprises hits record high; stock rallies 27% in one week

Amber Enterprises is an original equipment manufacturer which offers products including air conditioners, microwave ovens, refrigerators, washing machines, heat exchangers, multi flow condensers, luminaries, vacuum forming components etc

Amber Enterprises India Ltd

Amber Enterprises India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold Amber Enterprises; target of Rs 3050 : ICICI Direct

Amber Enterprises India Ltd leads losers in ‘A’ group

Volumes soar at Amber Enterprises India Ltd counter

Amber Enterprises plunges 17% after Q4 numbers. Here’s what brokerages say

Amber Enterprises tanks 18% on weak Q4 operational performance

Amber Enterprises Dives 20% on Poor Q4, Analysts See Upto 30% Upside in Stock

Amber Enterprises India standalone net profit declines 46.59% in the March 2022 quarter

Amber Enterprises India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold Amber Enterprises; target of Rs 3050 : ICICI Direct

Amber Enterprises India Ltd leads losers in ‘A’ group

Volumes soar at Amber Enterprises India Ltd counter

Amber Enterprises plunges 17% after Q4 numbers. Here’s what brokerages say

Amber Enterprises tanks 18% on weak Q4 operational performance

Amber Enterprises Dives 20% on Poor Q4, Analysts See Upto 30% Upside in Stock

Amber Enterprises India standalone net profit declines 46.59% in the March 2022 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock