Amber Enterprises India drops after downbeat Q4 results

Amber Enterprises India

21/05/2024 09:29

** Shares of Amber Enterprises India  AMBE.NS  down 3.7%
after a 3.9% drop earlier in the session 
    ** Consumer durables maker's Q4 consolidated
profit-after-tax slipped over 8% while revenue dipped 6.6%
    ** Trading vols 1.2x 30-day avg 
    ** AMBE has an average "Buy" rating and median PT of
4,013.50 rupees - LSEG data
    ** AMBE up ~22% YTD

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))