HighPositive
Announced Fri, 19 Jun · 10:21 IST
Amber Enterprises shares jump 3% after manufacturing partnership with Oppo India
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AI summary
Amber Enterprises shares jumped 3 percent after the company announced a manufacturing collaboration with Oppo India to produce smartphones for OPPO, OnePlus, and Realme brands in India. The deal leverages Amber's manufacturing scale and local supply-chain strengths to enhance domestic value addition. The stock has rallied nearly 10 percent over the past week and commands a market capitalization of about Rs 28,031 crore, with a P/E ratio of 155.78.