The Best Stocks to Buy in August 2019: Amber Enterprises and Prataap Snacks

As the Indian stock market fluctuates, savvy investors are on the lookout for multibagger stocks. With two popular companies suggested recently in the DARKHORSESTOCKS Telegram group, this article will delve into the profiles of Amber Enterprises and Prataap Snacks. Join now to explore more investment opportunities! For more information, please join the Telegram group @DARKHORSESTOCKS.

Amber Enterprises: A Leading OEM ODM in India

Amber Enterprises India (AEIL) is a 29-year-old company that has been a cornerstone of the Indian manufacturing sector. Founded in 1990, AEIL is a key player in the original equipment manufacturer (OEM) and original design manufacturer (ODM) space for room air conditioners (RACs), air conditioners components, and air conditioning solutions. The company caters to various segments such as railways, metros, defence, buses, and commercial, with a diverse portfolio of products.

AEIL has a total of 15 manufacturing facilities spread across India, two of which operate in tax exemption zones. These facilities cater to different product segments, making the company a versatile and robust presence in the market. AEIL stands out not only for its product diversification but also for its leading position in the room air conditioner OEM and ODM market in India.

Comprehensive Product Range

Amber Enterprises India offers a wide range of products, including:

AEIL plays a crucial role in supplying quality products to almost all leading air conditioning brands in the country.

Prataap Snacks: A Flourishing Indian Snack Food Company

Prataap Snacks Ltd (PSL) is another shining star in the Indian snack food industry. Known for its flagship product, Yellow Diamond Chips, PSL has also recently launched its range of sweet snacks under the brand Rich Feast. The company is renowned for its diverse product range across categories such as potato chips, extruded snacks, and traditional Indian snacks.

PSL operates in a highly competitive market, but it has managed to grow rapidly and remain debt-free, a significant achievement in the industry. Its products are available across 27 states in India, making it one of the fastest-growing companies in the organised snacks sector.

Product Diversity and Market Presence

Prataap Snacks Ltd offers a wide range of products, including:

Besides its well-known Yellow Diamond brand, PSL's range of products caters to different consumer preferences and markets, contributing to its steady growth and customer base.

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