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Emami Gains 5%; BSE FMCG Index Up 0.9%
Mon, 25 Nov 15:14

Emami Gains 5%; BSE FMCG Index Up 0.9%Image source: Eoneren/www.istockphoto.com

Emami share price has zoomed 5% and is presently trading at Rs 670.0.

Meanwhile, the BSE FMCG index is at 20,958.9 (up 0.9%).

Among the top gainers in the BSE FMCG index today are Gillette India (up 10.5%) and Colgate (up 4.1%).

Ruchi Soya Industries (down 1.6%) is among the top losers today.

Over the last one year, Emami has moved up from Rs 494.5 to Rs 670.0, registering a gain of Rs 175.5 (up 35.5%).

On the other hand, the BSE FMCG index has moved up from 18,984.8 to 20,958.9, registering a gain of 10.4% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 179.1%), BOM.BURMAH (up 72.3%) and E.I.D. Parry (up 71.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,063.7 (up 1.2%).

The top gainers among the BSE Sensex today are L&T (up 4.1%) and SBI (up 3.4%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Steel.

In the meantime, NSE Nifty is at 24,227.0 (up 1.3%). ONGC and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,063.7, registering a gain of 14,133.0 points (up 21.4%).

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 37.6.


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