Amber Enterprises shares down 15% after management guides for margin pressure – CNBC TV18
Growth in the consumer durable segment remained subdued during the quarter, while the electronics and railway sub-system businesses delivered strong performance.Shares of Amber Enterprises India Ltd. declined as much as 15% on Monday, May 18, after the management guided for margin pressure going ahead. With today's fall, the stock saw its biggest single-day decline since May 2022. The company reported…
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