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Amber Enterprises’ Subsidiary Sidwal Retains Strong CRISIL Rating

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Amber Enterprises’ Subsidiary Sidwal Retains Strong CRISIL Rating

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Amber Enterprises India Ltd. ( (IN:AMBER) ) has issued an update.

Amber Enterprises India Ltd. announced that CRISIL Ratings has reaffirmed the credit rating for its material subsidiary, Sidwal Refrigeration Industries Private Limited. The reaffirmation of a CRISIL AA- rating with a positive outlook for Sidwal’s bank facilities, valued at Rs. 245 crore, indicates stability and confidence in the subsidiary’s financial health, potentially strengthening Amber Enterprises’ position in the industry.

More about Amber Enterprises India Ltd.

Amber Enterprises India Ltd. operates in the manufacturing sector, primarily focusing on air conditioning and refrigeration products. The company serves a broad market, providing solutions for both residential and commercial applications.

Average Trading Volume: 17,176

Technical Sentiment Signal: Buy

Current Market Cap: 260.7B INR

See more data about AMBER stock on TipRanks’ Stock Analysis page.

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