Amber Enterprises (NSE: AMBER) is currently trading at INR 6,519, with signs of a consolidation breakout forming. The company is a major supplier of HVAC components and room air conditioner solutions, catering to both B2B and OEM clients, with rising interest in electric mobility and smart appliance integration.
Key Levels
Support Levels: INR 4,865.60, INR 5,573.35, INR 5,929.30, INR 6,358.85
Swing Level: INR 6,379.45
Target Zones: INR 7,838.65, INR 8,546.40, INR 9,448.00
Technical Indicators
RSI (Relative Strength Index): At 53.18, the RSI signals neutral-to-bullish momentum. The stock appears to be emerging from consolidation with room to scale further.
Volume: While relatively flat, a confirmed volume surge near the swing level could affirm the bullish wave continuation.
Sector and Market Outlook
Amber operates in the consumer durables and electronics manufacturing ecosystem, which remains resilient thanks to:
PLI (Production-Linked Incentive) schemes backing electronic and HVAC supply chains
Rising domestic demand for energy-efficient appliances
OEM partnerships for electric vehicle and mobility component manufacturing
However, factors like raw material import costs, global supply chain constraints, and seasonal fluctuations continue to shape market sentiment.
Latest Developments
Product Diversification: Expansion into mobility components and inverter AC segments
Institutional Holdings: Recent increase in institutional stake, signaling long-term confidence
Quarterly Performance: Stable margins and volume-led revenue growth, with potential operating leverage at scale
Dividend Update
Amber Enterprises Ltd. has declared a dividend of ₹3.50 per share for the most recent fiscal year. While modest, it reflects the company’s conservative capital reinvestment strategy in a capex-intensive sector.
Analysis Summary
Amber Enterprises exhibits a bullish technical setup, supported by a completed corrective wave, improving RSI, and clear target levels. Investors should monitor price action above INR 6,812 for confirmation of a breakout, ideally backed by rising volume. Given the company’s positioning in a structurally growing sector, the risk-reward ratio favors gradual accumulation, with careful attention to macro headwinds.
Key Levels
Support Levels: INR 4,865.60, INR 5,573.35, INR 5,929.30, INR 6,358.85
Swing Level: INR 6,379.45
Target Zones: INR 7,838.65, INR 8,546.40, INR 9,448.00
Technical Indicators
RSI (Relative Strength Index): At 53.18, the RSI signals neutral-to-bullish momentum. The stock appears to be emerging from consolidation with room to scale further.
Volume: While relatively flat, a confirmed volume surge near the swing level could affirm the bullish wave continuation.
Sector and Market Outlook
Amber operates in the consumer durables and electronics manufacturing ecosystem, which remains resilient thanks to:
PLI (Production-Linked Incentive) schemes backing electronic and HVAC supply chains
Rising domestic demand for energy-efficient appliances
OEM partnerships for electric vehicle and mobility component manufacturing
However, factors like raw material import costs, global supply chain constraints, and seasonal fluctuations continue to shape market sentiment.
Latest Developments
Product Diversification: Expansion into mobility components and inverter AC segments
Institutional Holdings: Recent increase in institutional stake, signaling long-term confidence
Quarterly Performance: Stable margins and volume-led revenue growth, with potential operating leverage at scale
Dividend Update
Amber Enterprises Ltd. has declared a dividend of ₹3.50 per share for the most recent fiscal year. While modest, it reflects the company’s conservative capital reinvestment strategy in a capex-intensive sector.
Analysis Summary
Amber Enterprises exhibits a bullish technical setup, supported by a completed corrective wave, improving RSI, and clear target levels. Investors should monitor price action above INR 6,812 for confirmation of a breakout, ideally backed by rising volume. Given the company’s positioning in a structurally growing sector, the risk-reward ratio favors gradual accumulation, with careful attention to macro headwinds.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.