Emami hits record high after strong Q1 numbers

Emami gained 1.69% to Rs 1,350 at 11:52 IST on BSE after consolidated net profit rose 23.92% to Rs 87.75 crore on 20.69% growth in total income to Rs 608.36 crore in Q1 June 2015 over Q1 June 2014.

The Q1 result was announced during market hours today, 5 August 2015.

Meanwhile, the S&P BSE Sensex was up 205.58 points or 0.73% at 28,277.51.

On BSE, so far 39,000 shares were traded in the counter as against 13,858 shares in the past one quarter.

The stock hit a high of Rs 1,367.90 so far during the day, which is a record high for the counter. The stock hit a low of Rs 1,328.20 so far during the day. The stock had hit a 52-week low of Rs 528.20 on 4 August 2014.

The stock had outperformed the market over the past one month till 4 August 2015, rising 9.66% compared with Sensex's 0.07% decline. The scrip had also outperformed the market in past one quarter, advancing 46.11% as against Sensex's 2.11% gain.

The large-cap company has equity capital of Rs 22.70 crore. Face value per share is Re 1.

Emami is one of India's leading FMCG companies engaged in manufacturing & marketing of personal care & healthcare products. With 250 diverse products, Emami's portfolio includes trusted power brands like Zandu, BoroPlus, Navratna, Fair & Handsome, Mentho Plus, Fast Relief and Sona Chandi Chyawanprash and new brands like 'HE' Deodorant & Emami 7 Oils in One. The company has recently forayed into feminine hygiene space by acquiring 'SHE Comfort' sanitary napkin brand.

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