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Emami surges on plans to begin commercial operations in Bangladesh

29 Nov 2012 Evaluate

Emami is currently trading at Rs. 600.00, up by 9.25 points or 1.57% from its previous closing of Rs. 590.75 on the BSE.

The scrip opened at Rs. 595.00 and has touched a high and low of Rs. 607.00 and Rs. 594.00 respectively. So far 15084 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 654.00 on 15-Nov-2012 and a 52 week low of Rs. 320.75 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 607.00 and Rs. 583.50 respectively. The current market cap of the company is Rs. 9078.70 crore.

The promoters holding in the company stood at 72.74% while Institutions and Non-Institutions held 18.26% and 9.01% respectively.

FMCG company, Emami is planning to start commercial operations in Bangladesh for which trial production has already begun. The company has received the license from the Bangladesh government for setting up a factory there. The company has decided to invest a sum of Rs 20 crore in the Bangladesh plant. At present, international business contributed 13% of the overall turnover of Emami's revenue.

The company has reported 20.55% rise in its net profit at Rs 60.29 crore for the quarter as compared to Rs 50.01 crore for the same quarter in the previous year. Total income of the company has increased by 15.17% at Rs 355.95 crore for quarter under review as compared to Rs 309.06 crore for the quarter ended September 30, 2011.

Emami Share Price

444.90 -6.55 (-1.45%)
20-Apr-2026 16:59 View Price Chart
Peers
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