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

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.

Shares of Amber Enterprises hit a new high of Rs 3,932, as the stock rallied 10 per cent on the BSE in Thursday’s intra-day trade in an otherwise weak market. The stock surpassed its previous high of Rs 3,788.40 touched on October 12, 2021. In comparison, the S&P BSE Sensex was down 1 per cent at 58,962 points at 02:51 pm.

In the past one week, the stock of the consumer electronics company has soared 27 per cent after it reported a better-than-expected operational performance as revenue, Earnings before interest tax and depreciation and amortization (EBITDA) and profit after