Amber Enterprises Share Price: Consumer durable company Amber Enterprises can list its electronics division separately. According to sources, Amber Enterprises may be demerged. The company plans to demerger its electronics division. IPO of electronic business is possible after demerger. According to sources, bankers have been appointed for demerger and IPO. The electronics division has seen 20% share in FY24 earnings. This news has been published by our associate channel CNBC-Awaaz quoting sources. However, the company’s response to this news is still awaited.
Giving more details on this news, Sudarshan of CNBC Awaaz said that it is known from the sources that Amber Enterprises can demerge its electronic divisions. The company can also launch an IPO after this demerger. Bankers have also been appointed for this IPO. This has also come to light from sources.
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Sudarshan further said that if we talk about the last financial year, 20 percent share in the total income of the company was received from its electronic division. Whereas in the second quarter of FY25, 30 percent of the income was from the electronic division. If we compare this with the second quarter of FY24, the income had almost doubled in the second quarter of FY25.
Sudarshan said that if we compare the stock, the stock of Amber has almost doubled in FY24. At the same time, Dixon’s stock has increased by almost two hundred percent in FY24. A mail has been sent to Amber Enterprises regarding this but no response has been received from them yet.
Today at 12.40 pm, the stock of Amber Enterprises was seen trading at Rs 7445, up 7.78 percent. Its 52 week high level was seen at Rs 7498.70. Whereas the minimum level has been Rs 2992.50.
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