Amber Enterprises Jumps 3% at Open on Oppo India Manufacturing Deal

Shares of Amber Enterprises India Limited shot up to a day high of Rs 8,218 on the NSE on 19 June, after the company said it had signed a manufacturing collaboration agreement with Oppo Mobiles India. The stock rallied as much as 3.2% at the open.

Amber is best known for making air conditioners and electronics components. This tie-up marks its first step into large-scale mobile phone manufacturing.

Oppo India is a licensed manufacturer for three well-known smartphone brands: OPPO, OnePlus and Realme. Under the deal, Amber Group will make phones for all three. 

The split is simple, Oppo’s brands bring the product know-how and global technology, while Amber brings the factories, local supply chains and the ability to source more parts from within India.

Jasbir Singh, Executive Chairman and CEO of Amber Enterprises India Limited, said: ‘This collaboration underscores our manufacturing capabilities and our ability to support globally recognised brands with quality, reliability, value addition and scale.’

Both companies plan to ramp up production gradually, with room to explore more areas of work together down the line. 

For Amber, this is a real push beyond its home turf into a much larger slice of India’s electronics market.

The company’s latest quarterly numbers tell a mixed story. In Q4 FY26, revenue from operations rose 10.5% year on year to Rs 4,147.52 crore, but consolidated net profit fell 26.8% to Rs 85 crore. 

The Oppo India deal is part of Amber’s effort to grow its top line through new business verticals.

At 10:39 am, AMBER was trading at Rs 7,837.50 on the NSE, down 1.61% from its previous close of Rs 7,965.50, having given back its early gains. The stock is still up 21.50% year to date and has gained 9.90% over the past month.

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