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AMBER — Amber Enterprises India News Story

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IndustrialsAdventurousMid CapFalling Star

India's Amber Enterprises rises as CLSA reiterates 'outperform'

** Shares of Amber Enterprises AMBE.NS up 2.7% at 6805 rupees in pre-market trading

** Brokerage CLSA reiterates "outperform" rating with PT of 8,,400 rupees on the Indian AC maker

** Company indicated strong medium-term pipeline and growth across consumer durables, electronics and railways in recent analyst meeting, says brokerage

** Stock on avg rated "buy" by 27 analysts; median PT is 8,,460 rupees - LSEG-compiled data

** Stock down 8.2%, YTD

(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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