Amber Share Price Target From 2024 To 2030:- Amber Enterprises India Ltd is one of India’s leading manufacturers in the Heating, Ventilation, and Air Conditioning (HVAC) industry. Established in 1990, the company specializes in producing Room Air Conditioners (RACs) and related components. Amber serves as an Original Equipment Manufacturer (OEM) for many well-known global and Indian brands such as LG, Daikin, Voltas, and Panasonic. This article will provide more details on Amber Share Price Target 2024, 2025, 2026 to 2030.
Current Performance Overview For Amber Share Price
Before diving into the destiny projections, allow’s check the current inventory marketplace overall performance of Amber.
- Current Price: ₹5,380.05
- Open Price: ₹5,450.05
- High Price: ₹5,512.30
- Low Price: ₹5,345.00
- Mkt cap: ₹18.28KCr
- P/E ratio: 113.96
- Div yield: N/A
- 52-wk high: ₹5,665.95
- 52-wk low: ₹2,721.05
Amber Share Price Chart
Shareholding Pattern For Amber Share Price
Understanding the shareholding sample is essential for predicting future tendencies in Amber Share Price. The shareholding distribution as of Sept 2024 is as follows:
- Promoters: 39.79%
- Foreign Institutions: 26.39%
- Retail and Others: 16.01%
- Mutual Funds: 14.78%
- Other Domestic Institutions: 3.03%
Amber Share Price Target From 2024 To 2030
Target Years | Share Price Target |
2024 | ₹7620 |
2025 | ₹8725 |
2026 | ₹9980 |
2027 | ₹11435 |
2028 | ₹13085 |
2029 | ₹14975 |
2030 | ₹17130 |
Factors Driving Amber Share Price Growth
Here are seven factors driving Amber Enterprises India Ltd’s share price growth:
-
Growing Demand for Consumer Electronics
Amber Enterprises benefits from the increasing demand for consumer electronics, especially air conditioners, in India. As disposable incomes rise and the middle class expands, more households are investing in such products, which boosts Amber’s revenue and stock performance. - Government Initiatives Supporting Local Manufacturing
Government programs like “Make in India” and the Production-Linked Incentive (PLI) scheme are promoting local manufacturing. Amber, being a leading player in air-conditioner component manufacturing, is set to gain from these incentives, driving future growth and share price appreciation. - Strong Client Base
Amber supplies to major consumer brands like LG, Voltas, and Daikin. This robust client portfolio enhances its market credibility and revenue stability, making its stock attractive to investors looking for consistent performance. - Expansion into New Product Lines
Amber has diversified beyond air conditioners into other consumer durable products like washing machines and refrigerators. This diversification helps the company capture a larger share of the consumer electronics market, contributing to its long-term growth and stock value. - Acquisitions and Strategic Investments
Amber’s strategic acquisitions and investments in technology and capacity expansion enable it to enhance production efficiency and scale up operations. Such moves make the company more competitive, positively influencing its market valuation and share price. - Rising Export Opportunities
As Amber explores international markets, its export revenues are increasing, which adds to the company’s growth prospects. By catering to global demand, Amber diversifies its revenue streams, making it less reliant on the domestic market and more attractive to investors. -
Technological Innovation and Automation
The company’s focus on adopting the latest manufacturing technologies and automation is enhancing its production capabilities, reducing costs, and improving profitability. This operational efficiency contributes to better financial performance, driving up its stock price over time.
Potential Risks For Amber Share Price
Here are seven potential risks for Amber Enterprises India Ltd’s share price:
- Fluctuations in Raw Material Prices
Amber Enterprises heavily relies on raw materials like steel, copper, and aluminum for manufacturing. Any sharp increase in the prices of these materials can raise production costs, potentially affecting profitability and leading to a decline in share price. - Dependence on Consumer Electronics Demand
Amber’s growth is tied closely to the demand for consumer electronics, especially air conditioners. Any slowdown in consumer demand, whether due to economic downturns or changes in consumer preferences, could negatively impact the company’s revenue and stock performance. - Regulatory Changes and Compliance Costs
The company must adhere to stringent environmental and manufacturing regulations, both domestically and globally. Any changes in these regulations, particularly around energy efficiency or emissions, could increase compliance costs, affecting profitability and market sentiment. - Foreign Exchange Volatility
As Amber expands into international markets, it becomes exposed to foreign exchange risks. Fluctuations in currency rates, especially if the Indian rupee depreciates, could erode the company’s profits from exports, potentially causing a dip in its stock value. - Competitive Pressure
The consumer electronics industry is highly competitive, with many domestic and international players. If Amber fails to maintain its technological edge or cost efficiency, it could lose market share to competitors, which could hurt both revenue growth and its share price. - Supply Chain Disruptions
Amber’s business depends on the smooth functioning of its supply chain for components and raw materials. Any disruptions, whether due to global trade issues, logistical challenges, or natural disasters, could delay production and affect sales, leading to downward pressure on its stock. -
Economic Slowdown
A broader economic slowdown, both in India and globally, can dampen consumer spending, which would directly impact the demand for consumer durables like air conditioners. This could lead to reduced sales and profitability, which might cause a decline in Amber’s share price.