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Amber Enterprises stock rises as analysts predict profitable Q3
short by / on Thursday, 23 January, 2025
Amber Enterprises shares rose on January 23, as analysts predicted that the company might report a ₹23 crore net profit, recovering from last year's loss. Topline growth of 33% to ₹1,722 crore led by its EMS business is also expected, while EBITDA is predicted to increase 53%, improving margins to 6.9%.
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