Amber Enterprises India hits record high on JV with Korea Circuit

Amber Enterprises India

16/10/2024 10:26

** Shares of Amber Enterprises India AMBE.NS  jump as much
as 9.7% to hit a record high of 5665.95 rupees
    ** Amber Group, which operates in the heating, ventilation,
and air conditioning (HVAC) industry, signed JV agreement with
Korea Circuit  007810.KS  
    ** JV will manufacture printed circuit boards (PCBs) in
India 
    ** Nearly 1.5 mln shares traded, 3x their 30-day avg     
    ** AMBE up around 75% YTD, eyes best year since 2020

 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))