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Amber Enterprises’ Subsidiary IL JIN Electronics Sees Credit Rating Upgrade

Story Highlights
  • Amber Enterprises’ subsidiary IL JIN Electronics received a credit rating upgrade from CRISIL.
  • The upgrade indicates improved financial stability and may boost market confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amber Enterprises’ Subsidiary IL JIN Electronics Sees Credit Rating Upgrade

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An announcement from Amber Enterprises India Ltd. ( (IN:AMBER) ) is now available.

Amber Enterprises India Ltd. announced that CRISIL Ratings has upgraded the credit rating of its material subsidiary, IL JIN Electronics (India) Private Limited. The long-term rating has been upgraded to ‘Crisil AA-/Positive’ from ‘Crisil A+’, and the short-term rating to ‘Crisil A1+’ from ‘Crisil A1’. This upgrade reflects improved financial stability and operational performance, potentially enhancing the company’s reputation and stakeholder confidence in the market.

More about Amber Enterprises India Ltd.

Amber Enterprises India Ltd. operates in the electronics industry, focusing on manufacturing and providing a range of electronic products and solutions. The company has a significant market presence and is involved in the production and distribution of various electronic components and devices.

Average Trading Volume: 17,176

Technical Sentiment Signal: Buy

Current Market Cap: 260.7B INR

Find detailed analytics on AMBER stock on TipRanks’ Stock Analysis page.

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