EMAMI at 52 Week High; BSE 500 Index Up 0.4%
January 13, 2021 10:36 AM

EMAMI share price has hit a 52-week high at Rs 491 (up 2.1%).

Meanwhile, the BSE 500 Index is at 19,292 (up 0.4%).

Among the top gainers in the BSE 500 Index today are EMAMI (up 2.1%) and BAJAJ ELECTRICALS (up 12.7%).

SUZLON ENERGY (down 4.9%) and CORPORATION BANK (down 3.9%) are among the top losers today.

Over the last one year, EMAMI has moved up from Rs 309 to Rs 491, registering a gain of Rs 182 (up 58.95%).

The BSE 500 has moved up from 15,942 to 19,292, registering a gain of 3,350 points (up 20.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were GRANULES INDIA (up 176.1%), TATA ELXSI (up 155.4%) and NAVIN FLUORINE (up 151.5%).

What About the Benchmark Indices?

The BSE Sensex is at 49,795 (up 0.4%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 4.6%), ONGC (up 3.5%) and NTPC (up 2.9%). Other gainers include SBI (up 2.5%) and ICICI BANK (up 1.9%). The most traded stocks in the BSE Sensex are NTPC and SBI.

In the meantime, NSE Nifty is at 14,653 (up 0.3%). BHARTI AIRTEL (up 3.7%) and BPCL (up 3.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,860 to 49,795, registering a gain of 7,935 points (up 18.7%).

EMAMI Financial Update...

EMAMI net profit down at Rs 407 million for the quarter ended June 2020, compared to a loss of Rs 1 billion a year ago. Net Sales declined 40.8% to Rs 4.8 billion during the period as against Rs 8.1 billion in April-June 2019.

For the year ended March 2019, EMAMI 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, based on rolling 12 month earnings, stands at 72.1x.