Amber Enterprises shares jumped more than 9% to a 52-week high of Rs 5,665.95 following the announcement of a board meeting on October 22.
The company recently announced that its board of directors will meet on October 22, 2024, to approve the unaudited financial statements for the quarter and half-year ending September 30, 2024. The trading window for the company’s equity shares has been closed since October 1, 2024, until 48 hours after the financial results are announced. Following the meeting, the firm will report the results to the stock exchanges.
This development can cause a favourable sentiment among investors, as they await the release of financial results and might change their trading strategies based on the company’s performance.
As of 1:54 pm, Amber Enterprises shares were trading 8.40% higher at Rs 5,600.90 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.