Shares of Amber Enterprises India rallied strongly in Sunday’s session, tracking positive sentiment around the electronics manufacturing space following key announcements in Union Budget 2026.
As of 11:20 AM IST, Amber Enterprises shares were trading at Rs 5,915, up 6.63%, gaining Rs 368 from the previous close of Rs 5,547. The stock moved within a day’s range of Rs 5,503 to Rs 5,860, reflecting heightened investor activity after the Budget announcements.
The rally comes after the finance minister announced an electronics components manufacturing plan with an outlay of Rs 400 billion, aimed at strengthening domestic value addition and reducing import dependence in the electronics ecosystem. Companies such as Amber Enterprises, which have a strong presence in manufacturing for consumer durables and electronics, moved into focus following the policy signal.
At current levels, Amber Enterprises has a market capitalisation of about Rs 20,792 crore, with an average trading volume of around 2.05 lakh shares. The stock is currently trading at a price-to-earnings ratio of 89.64. Over the past year, the stock has traded in the range of Rs 5,235 to Rs 8,626.
Market participants are now awaiting further details on the structure, incentives, and implementation framework of the electronics components manufacturing scheme, which are expected to be outlined in subsequent Budget documents and policy notifications.
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