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An update from Amber Enterprises India Ltd. ( (IN:AMBER) ) is now available.
Amber Enterprises India Ltd. has announced that its material subsidiary, ILJIN Electronics (India) Private Limited, has executed definitive agreements to acquire approximately 40.24% of Unitronics, an Israeli company specializing in industrial automation products. This acquisition will result in ILJIN and its partner holding a controlling stake of 45.13% in Unitronics, positioning it as a subsidiary of ILJIN and potentially enhancing Amber Enterprises’ market presence in the industrial automation sector.
More about Amber Enterprises India Ltd.
Amber Enterprises India Ltd. operates in the industrial automation sector, focusing on products such as programmable logic controllers, human-machine interfaces, and industrial IoT solutions. The company is committed to providing comprehensive automation solutions across various industries.
Average Trading Volume: 14,959
Technical Sentiment Signal: Buy
Current Market Cap: 246.2B INR
See more data about AMBER stock on TipRanks’ Stock Analysis page.