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Emami Plunges 3%; BSE FMCG Index Up 0.2%
Tue, 26 Nov 9:39

Emami Plunges 3%; BSE FMCG Index Up 0.2%Image source: ipopba/www.istockphoto.com

Emami share price has plunged 3% and is presently trading at Rs 657.1.

Meanwhile, the BSE FMCG index is at 21,019.5 (up 0.2%).

Among the top losers in the BSE FMCG index today are Gillette India (down 2.0%) and Zydus Wellness (down 0.8%).

Colgate (up 2.1%) and Balrampur Chini (up 1.3%) are among the top gainers today.

Over the last one year, Emami has moved up from Rs 492.3 to Rs 657.1, registering a gain of Rs 164.8 (up 33.5%).

On the other hand, the BSE FMCG index has moved up from 19,049.7 to 21,019.5, registering a gain of 10.3% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 181.8%), E.I.D. Parry (up 77.3%) and BOM.BURMAH (up 75.3%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,362.6 (up 0.3%).

The top gainers among the BSE Sensex today are Infosys (up 2.2%) and Tata Steel (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,312.2 (up 0.4%). Bharat Electronics and Infosys are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 80,362.6, registering a gain of 14,339.3 points (up 21.7%).

Emami Financial Update...

Emami net profit grew 19.4% YoY to Rs 2,156 million for the quarter ended September 2024, compared to a profit of Rs 1,806 million a year ago. Net sales rose 3.0% to Rs 8,906 million during the period as against Rs 8,649 million in July-September 2023.

For the year ended March 2024, Emami reported 15.4% increase in net profit to Rs 7,241 million compared to net profit of Rs 6,274 million during FY23. Revenue of the company grew 5.1% to Rs 35,781 million during FY24.

The current Price to earnings ratio of Emami, based on rolling 12 month earnings, stands at 36.8.


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