- By Aditya Pratap Singh
- Mon, 23 Feb 2026 06:10 PM (IST)
- Source:JND
Amber Enterprises Share Price Target: Geojit Investments Limited initiated a 'Buy ' rating for Amber Enterprises, seeing a 20 per cent uptick potential with a target price of Rs 9,156 per share.
The shares of India's largest original equipment and original design manufacturer of room air conditioners settled higher on Mondaypost the coverage. The stock closed at Rs 7,750, up Rs 99.50 or 1.30 per cent as compared to last session's closing of Rs 7,650.50.
Amber Enterprises Target Price 2026
The brokerage firms initiated the Buy rating on the stock, considering that the firm-- which currently holds 27 per cent market share in the domestic room air-conditioner market--would grow its market share.
"We expect the company to continue gaining market share in the RAC segment, while expansion in the high-margin PCB business and ongoing backward integration initiatives should enhance earnings visibility and margin profile," Geojit Investments Limited said.
"We are initiating coverage on Amber with a BUY rating and a target price of Rs 9,156," the brokerage firm said.
Amber Enterprises Target- 9,156 per share
Share price at time of Coverage- 7,649
Uptick: 20 per cent
Amber Share Price History
In a month, the stock surged nearly 40 per cent, while this year till date it rose over 20 per cent on NSE. In the last 5 years, the Amber Enterprises India stock jumped nearly 140 per cent. The stock soared by over 500 per cent since it got listed on exchanges in 2018.
Stock Market Today
The domestic equity indices traded higher during the session on Monday on the back of the US Supreme Court order, which scrapped the tariff levied by US President Donald Trump, terming them 'Unconstitutional'.
Also Read: Stock Market Live Update: Equity Indices Close Sharply Higher; Sensex Up 480 Points
Sensex ended the session at 83,294.66, up 479.95 points or 0.58 per cent. while Nifty50 settled at 25,713, up Rs 141.75 points or 0.55 per cent. PSU Banking, Automobiles, and Metal stocks gain, while the IT sector stocks drag.
Disclaimer: This story is for informational purposes only. The investment views or opinions belong to the brokerage house only. The Daily Jagran does not advise investing.