The consumer durables industry in India is growing rapidly, driven by rising incomes, urbanisation, easy financing, and demand for appliances and electronics. E-commerce growth and smart, energy-efficient products are further boosting the sector.

The midcap stock is a leading player in India’s Room Air Conditioner industry, where it operates as both an original equipment manufacturer and an original design manufacturer. After delivering an impressive 71 percent return this year, it deserves a spot on investors’ watchlists.

With the market capitalization of Rs. 28,815.10 crore, the shares of Amber Enterprises India Limited were currently trading at Rs. 8,198, down by 0.37 percent from its previous day’s closing price of Rs. 8,228.55 per equity share.

Over the past five years, the com

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