India's Amber Enterprises posts weekly gain on customs duty waiver
10/07/2026 10:50
BUZZ-India's Amber Enterprises posts weekly gain on customs duty waiver ** Shares of Amber Enterprises AMBE.NS up 2.5% to 7,791 rupees
** Stock to end week with a percentage gain of 4.23%, biggest gain since week ended June 19, 2026, snapping two straight weeks of losses
** Government waived basic customs duty on goods used to make display assemblies and inductor coil modules used in mobile phones for wireless charging
** Move to help domestic production; duty relief to remain in force until March 31, 2029
** YTD, stock up 22.04%
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
Recent news on Amber Enterprises India
See all newsBrief: Amber Enterprises India Estimates Loss From Il Jin Fire Incident At 382.8 Million Rupees Plus GST
JM Financial, JPMorgan highlight India's smartphone production incentive limits; Dixon falls
Brief: Amber Enterprises India Ltd Says Fire Incident Occurred During On August 4 2026 At Factory Of Subsidiary
Indian electronic manufacturing services rally on production incentive approvals
India's Amber Enterprises posts weekly gain on customs duty waiver