Monday 9 May 2016

Emami surges 3%

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs.758.50 mn for the quarter ended March 31, 2016 compared with Rs.1383.30 million for the quarter ended March 31, 2015.

Emami Ltd stock rallied by 3% at Rs. 1074. The company posted a net profit after taxes, minority interest and share of profit of associates of Rs.758.50 mn for the quarter ended March 31, 2016 compared with Rs.1383.30 million for the quarter ended March 31, 2015. 

Total income increased from Rs.5770.20 mn for the quarter ended March 31, 2015 to Rs.6767.90 million for the quarter ended March 31, 2016.

The scrip opened at Rs. 972.1 and touched a high and low of Rs. 1110.4 and Rs. 970 respectively. A total of 1014790(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 23589.84 crore.

The BSE group 'A' stock of face value Rs. 1 touched a 52 week high of Rs. 1367.9 on 05-Aug-2015 and a 52 week low of Rs. 875.05 on 07-May-2015. Last one week high and low of the scrip stood at Rs. 1110.4 and Rs. 961 respectively.

The promoters holding in the company stood at 72.74 % while Institutions and Non-Institutions held 17.46 % and 9.8 % respectively.

The stock traded above its 200 DMA.

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