 "Earth temperature, ACs, high temeperature, summers, hotter summers, Voltas, Blue Star, Johnson Controls-Hitachi, Lloyds, Symphony, Crompton Greaves Consumer Electricals, HSBC Global Research, heat in June, Blue Star and Hitachi, Crompton Greaves Cons")
Shares of Amber Enterprises tanked 18 per cent to Rs 2,780 on the BSE in Monday’s intra-day trade in an otherwise firm market after the company reported a weak operational performance. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) margins were down 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost.
Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.
The stock has slipped 31
Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.
The stock has slipped 31
