Trending stocks: Emami shares rise over 1% in early session

NEW DELHI: Shares of Emami traded 1.14 per cent up in Friday's trade at 10:31AM (IST). Around 1,431 shares changed hands on the counter.

The scrip opened at Rs 184.0 and touched an intraday high and low of Rs 186.5 and Rs 183.0, respectively, in the session so far. Shares of the company of Emami Ltd. quoted a 52-week high of Rs 384.0 and a 52-week low of Rs 140.85.

Total market cap of the Emami Ltd. stood at Rs 8461.35 crore at the time of writing this report.


At a time when several deals are falling apart due to the COVID-19 pandemic, the Emami Cement and the Nuvoco Vistas Corporation on Thursday said their Rs 5,500 crore acquisition pact is on track.

Key Financials
The company reported consolidated net sales of Rs 812.64 crore for the quarter ended 31-Dec-2019, up 23.12 per cent from previous quarter's Rs 660.05 crore and up 0.21 per cent from the year-ago quarter's Rs 810.9 crore.

The net profit for latest quarter stood at Rs 144.44 crore, up 4.86 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 24.87 per cent stake in the firm, while foreign institutional investors held 7.0 per cent and the promoters 52.38 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 25.19 and a price-to-book ratio of 4.08. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Emami Ltd. belongs to the Personal Care industry.