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Announced Fri, 19 Jun · 10:02 IST

Amber Enterprises shares rally over 3% despite stock market crash. Do you own?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amber Enterprises shares rallied over 3% (peaking at 3.70% to about Rs 8,249.95 on the BSE) in early trade on Friday, bucking a broader market crash where the BSE Sensex fell over 700 points and Nifty 50 slipped below 24,000. The gains followed the company's announcement of a manufacturing collaboration with Oppo Mobiles India, under which Amber will produce mobile phones for OPPO, OnePlus, and Realme brands, strengthening its B2B manufacturing position. The stock has risen 25% year-to-date and delivered multibagger returns of 282% over three years, trading at Rs 8,024 (up 0.87%) by 10:00 AM.