Add Emami, target price Rs 400: ICICI Securities

Emami Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 15735.79 Crore) operating in FMCG sector.

Agencies
Promoters held 53.9 per cent stake in the company as of June 30, 2020, while FIIs held 6.9 per cent, DIIs 29.8 per cent and public and others 9.4 per cent.
ICICI Securities has given a add rating to Emami with a target price of Rs 400. The share price moved down by 1.71 per cent from its previous close of Rs 356.10. The stock’s last traded price is Rs 350.

Emami Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 15735.79 Crore) operating in FMCG sector.

Emami Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 2449.25 Crore to Sales Value (98.62 % of Total Sales) and Other Operating Revenue which contributed Rs 34.02 Crore to Sales Value (1.37 % of Total Sales)for the year ending 31-Mar-2019.


Financials
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 481.34 Crore, down 9.64 % from last quarter Sales of Rs 532.68 Crore and down -25.79 % from last year same quarter Sales of Rs 648.64 Crore Company has reported net profit after tax of Rs 40.71 Crore in latest quarter.
emami-graph

Promoter/FII Holdings
Promoters held 53.9 per cent stake in the company as of June 30, 2020, while FIIs held 6.9 per cent, DIIs 29.8 per cent and public and others 9.4 per cent.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Recos › Add Emami, target price Rs 400: ICICI Securities
Text Size:AAA
Success
This article has been saved

*

+