News

Emami rises on acquiring additional stake in Helios Emami is currently trading at Rs. 743.50, up by 3.75 points or 0.51% from its previous closing of Rs. 739.75 on the BSE. The scrip opened at Rs. 752.95 and has touched a high and low of Rs. 757.90 and Rs. 740.95 respectively. So far 6785 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 859.20 on 06-Sep-2024 and a 52 week low of Rs. 417.55 on 15-Mar-2024. Last one week high and low of the scrip stood at Rs. 758.05...
Emami rises on acquiring additional stake in Helios
Emami rises on acquiring additional stake in Helios
Source: Accord Fintech
2024-10-09 10:56:35 am
Buy Emami Ltd For Target Rs.950 By Centrum Broking Ltd Emami’s Q1FY25 print was in line; consolidated revenue/EBITDA/PAT grew 9.7%/13.9%/ 10.1% YoY. Domestic revenues surged by 10%, led by 8.7% volume growth, yet international business saw 11.0% growth (CC). Management alluded despite challenges in rural company’s enhanced distribution/village coverage helped to capture good growth around extreme heatwave in the north. Higher spends on brand building (BTL) resulted in volumeled growth reflecting rural growth continue to outpace urban ...
Buy Emami Ltd For Target Rs.950 By Centrum Broking Ltd
Buy Emami Ltd For Target Rs.950 By Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-08-06 04:03:30 pm
Buy Emami Ltd For Target Rs. 600 By Motilal Oswal Financial Services Operationally in line; volume trend to improve in FY25 * Emami reported 7% YoY sales growth in 4QFY24 (est. 4%). Domestic business grew 8%, led by volume growth of 6%. Signs of recovery were seen in the rural market, with rural growth in the mid-single digits and urban growth in the low-single digits in GT during the quarter. * Most of the brands, such as BoroPlus (+33% YoY), Pain Management (+9% YoY), Healthcare (+10% YoY), 7 Oils in One and D2C portfolio (+86% YoY), have performed we...
Buy Emami Ltd For Target Rs. 600 By Motilal Oswal Financial Services
Buy Emami Ltd For Target Rs. 600 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-02 03:57:11 pm
Buy Emami Ltd. For Target Rs. emami630 - Elara Capital Favorable Summer to drive FY25 Extended Winter bolsters Q4 growth Emami (HMN IN) Q4 net sales rose 6.6% YoY to INR 8.9bn, 1.6% ahead of our estimates, as the domestic business grew 8% in value and 6% in volume, dragged by muted sales growth in Navratna and Dermicool due to the extended Winter. Brands, such as the BoroPlus range, up 33%, the pain management range, up 9%, the healthcare range, up 10% and 7 Oils in One, up 20%, performed well in Q4. In FY24, domestic sales grew 4% in value...
Buy Emami Ltd. For Target Rs. emami630 - Elara Capital
Buy Emami Ltd. For Target Rs. emami630 - Elara Capital
Source: Elara Capital
2024-06-26 04:02:10 pm
Buy Emami Ltd For Target Rs.640 - Motilal Oswal Financial Services Ltd Volume muted; rural recovery essential * HMN reported 6.3% sales growth in 2QFY24 (broadly in line with our estimates), attributed to factors like poor monsoons, food inflation, and subdued demand in rural markets. Domestic business growth at 4% YoY led by 2% volume growth, which was mainly driven by channels catering to urban markets such as Modern Trade (MT) and E-commerce. * The Navratna and Dermi Cool reported robust double-digit growth, while single-digit fall see in BoroPlus/Kesh ...
Buy Emami Ltd For Target Rs.640 - Motilal Oswal Financial Services Ltd
Buy Emami Ltd For Target Rs.640 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-12-14 03:10:18 pm
Buy Emami Ltd For Target Rs.621 - Centrum Broking Softer rural demand, all hopes on good winter in Q3 Emami’s Q2FY24 print was ahead of our estimates; consolidated revenue/EBITDA/PAT grew 6.3%/19.6%/1.1% YoY. Domestic value/volume grew at 4.0%/2.0%, yet international business saw 16.0% growth (CC). Management alluded slower growth to, (1) softer demand in rural cut Jul/Aug sales, but picked up in Sept’23, (2) Navratna/Dermicool range grew +12%, Healthcare 4%, Boroplus/Kesh king/Male grooming declined 4%/5%/7%, (3) D2C brands T...
Buy Emami Ltd For Target Rs.621 - Centrum Broking
Buy Emami Ltd For Target Rs.621 - Centrum Broking
Source: Centrum Broking Limited
2023-11-13 01:29:01 pm
Emami shines on inking pact to acquire 26% stake in Axiom Ayurveda Emami is currently trading at Rs. 531.00, up by 18.35 points or 3.58% from its previous closing of Rs. 512.65 on the BSE.The scrip opened at Rs. 525.85 and has touched a high and low of Rs. 537.80 and Rs. 516.75 respectively. So far 11899 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 582.00 on 11-Sep-2023 and a 52 week low of Rs. 340.95 on 20-Mar-2023.Last one week high and low of the scrip stood at Rs. 537.80 and Rs. 508.10 re...
Emami shines on inking pact to acquire 26% stake in Axiom Ayurveda
Emami shines on inking pact to acquire 26% stake in Axiom Ayurveda
Source: Accord Fintech
2023-09-29 10:24:08 am
Buy Emami Ltd For Target Rs.625 - Emkay Global Rural recovery is key; strategy for scaling-up the urban play is reassuringEmami generates ~52% of its revenue from rural markets, where it has product offerings that are seasonal and discretionary. Most of its core categories have limited competition and higher gross margin. With rural economic slowdowns affected by macro events, Emami?s structural growth factors have been impacted. Going ahead, Company expects to benefit from any demand acceleration in Rural, where it has expanded its v...
Buy Emami Ltd For Target Rs.625 - Emkay Global
Buy Emami Ltd For Target Rs.625 - Emkay Global
Source: Emkay Global Financial Services
2023-09-25 02:29:23 pm