Consumer Durables
Consumer Electronics - EMS
from 7,265 today
Amber is well-placed to capture incremental demand from components ecosystem development and benefit from upcoming tailwinds in the RAC industry and recovery in short-term commodity inflation hiccups. We maintain our BUY rating with a revised price target of Rs. 8,400.
Amber's Consumer Durables segment reported ~7% YoY growth in Q1FY27. We downward revise our earnings estimates for FY27/28E by 1.4%/1.1% and Maintained 'BUY' rating and SOTP-based TP of INR 9,244.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
