Share news: The company which gave 60% return in last one year gave a big update - keep an eye on the stock

News Topical, Digital Desk : Amber Enterprises India Limited on Saturday (July 12) announced that its board has approved the enabling resolution to raise funds up to Rs 2500 crore. The decision was taken in the company's board meeting held on July 12, 2025. The company said in its regulatory filing that the proposed fundraising will be subject to necessary statutory and regulatory approvals and shareholders' approval in the upcoming 35th AGM. Last month, IL JIN Electronics India Pvt Ltd., a key subsidiary of Amber Enterprises, signed an agreement to buy a majority stake in Bengaluru-based Power-One Micro Systems Pvt. Ltd.

This acquisition will be done in the form of cash consideration, the amount of which has not been disclosed by the company yet. The company reported a profit of Rs 116.07 crore, up 22.61 per cent in the quarter ended March 2025, from Rs 94.67 crore in the same quarter a year ago. The company's revenue grew 33.8 per cent year-on-year to Rs 3,753.70 crore. 

Stock performance On Friday, the company's stock closed down 3.80 per cent at Rs 7,458.50. In the last one year, the company's stock has seen a rise of 63.71 per cent. 

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