EMAMI LTD Surges by 8%; BSE FMCG Index Down 0.9%
March 13, 2020 12:18 PM

EMAMI LTD share price has zoomed 8% and is presently trading at Rs 218.

Meanwhile, the BSE FMCG Index is at 9,760 (down 0.9%).

Among the top Gainers in the BSE FMCG Index today is EMAMI LTD (up 7.8%).

E.I.D. PARRY (down 0.3%) and BRITANNIA (down 0.3%) are among the top losers today.

Over the last one year, EMAMI LTD has moved down from Rs 400 to Rs 218, registering a loss of Rs 182 (down 45.8%).

On the other hand, the BSE FMCG has moved down from 11,810 to 9,760, loss of 2,050 points (down 18.2%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were TATA GLOBAL (up 47.7%), NESTLE (up 40.1%) and GSK CONSUMER (up 22.4%).

What About the Benchmark Indices?

The BSE Sensex is at 33,350 (up 1.3%).

The top gainers among the BSE Sensex stocks today are SBI (up 12.7%), SUN PHARMA (up 8.1%) and HDFC (up 5.9%). Other gainers include TATA STEEL (up 4.6%) and MARUTI SUZUKI (up 4.1%). The most traded stocks in the BSE Sensex are SBI and HDFC BANK.

In the meantime, NSE Nifty is at 9,750 (up 1.2%). SBI (up 11.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,536 to 33,350, registering a loss of 4,186 points (down 11.5%).

EMAMI LTD Financial Update...

EMAMI LTD net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 0.2% to Rs 8.1 billion during the period as against Rs 8.1 billion in October-December 2018.

For the year ended March 2019, EMAMI LTD reported 2.0% increase in net profit to Rs 3.1 billion compared to net profit of Rs 3.1 billion during FY18.

Revenue of the company grew 6.0% to Rs 27 billion during FY19.

The current Price to earnings ratio of EMAMI LTD, based on rolling 12 month earnings, stands at 29.0x.