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Emami pares gains, ends flat
BS Reporter / Mumbai Nov 09, 2009, 16:04 IST

The scrip pared all the gains and touched a low of Rs 460. The stock finally ended flat at Rs 464. The counter clocked volumes of 6,418 shares as comapred to the teo-week daily average traded volumes of  6,862 shares. 
_____________________________________________________

(Updated at 1104hrs)

Kolkata based FMCG major Emami has moved up on diversification plans.

The stock opened at Rs 485, touched a high of Rs 489 and slipped to a low of Rs 460. The scrip is now trading at Rs 472, up 2% from the previous close. The counter has clocked volumes of 1,443 shares as compared to the two-week daily average traded volumes of 6,862 shares on the BSE.

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emami
The company is diversifying into cement business and will invest Rs 1,750 crore to set up production units in the next three years.

Click here to red more: Emami to foray into cement biz

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