Page 7 - Emami

FMCGs scale-up rural distribution networks to combat economic slowdown

In view of the ongoing slowdown, which has impacted demand in rural India, ITC doubled its rural stockist network in the current fiscal year

Emami Group inches closer to freeing its entire Rs 2,600-cr debt: Report

Speculation is also rife that the group would soon seal the deal for its cement business at a valuation ranging between Rs 6,000 crore and Rs 7,000 crore

Up for sale, Emami Cement seeks valuation of Rs 8,000-9,000 crore

Group seeks to pare debt using sales proceeds; potential buyers feel valuation sought is high

Three companies show interest to acquire Emami Group's cement arm

Emami Cement is currently focussed on east India, with its plants in Risda in Chhattisgarh, Panagarh in West Bengal, and Jajpur in Odisha

Emami plans to pare Rs 2,600-crore debt at group level in 9 months

The promoters have been looking at various options, ranging from divestment to taking the business to the public, to monetise assets

Emami's dilution of stake to infuse confidence among investors, says family

The family intends to raise its stake through strategic divestment, IPO or exit in group assets in 6-8 months

Emami Group promoters divest 10% stake for Rs 1,230 crore to pare debt

Stake sale would bring down promoter level debt from Rs 3,300 crore to Rs 2,200 crore

Emami promoters sell 10% stake for Rs 1,230 crore to reduce their debt

In February, the promoters offloaded 10 per cent stake in the firm for Rs 1,600 crore

Open to bigger acquisitions, but that depends on quality: Emami director

We can't do everything on our own and hence we are partnering wherever we believe the promoters or entrepreneurs are capable and their ideas are good, says Harsha Agarwal, director at Emami

Emami stock rises 13% after promoters sell 10% stake to pare debt

The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers

Emami promoters sell 10% stake to pare Group debt, pledged shares

The sale was executed in the stock exchanges on Monday and were sold to SBI Mutual Fund, Premji Invest, Amundi, IDFC, L&T Mutual Fund and others

KKR may extend Rs 2,000 crore debt to Emami Group: Report

Money could be used to repay loans raised by promoters and invest in unlisted cement biz

Worst may not be over for Emami yet, analysts advise against bottom-fishing

Emami reported a revival in products where it was earlier struggling, such as Zandu Pancharishta and Kesh King

Emami Q3 net profit declines 7.15% to Rs 138.30 crore on rising costs

Emami's net sales increased by 7.15% at Rs 810.90 crore

Emami's Q3 net profit drops 6% to Rs 138.3 cr on exceptional expenses

Emami said a delayed winter in some parts of the country resulted in a subdued performance by winter brands

Emami stock: Management sees margin pressure amid a decline in net profit

While Q2 revenue growth was flat and net profit declined 16%, management has indicated margin pressure in near term

Emami stock: Analysts worried about new launches and high input costs

It could be difficult for Emami to protect market share of the highly profitable Kesh Kish amid competition from the likes of Hindustan Unilever's Indulekha

Emami hits over three-year low; stock falls 11%

The stock hit Rs 402 on the BSE in intra-day trade, also its lowest level since January 1, 2015, tanked 19% in past four trading days.

Emami spruces up Kesh King to consolidate pole position in hair oil segment

Moreover, Emami will also add the applicator to Kesh King which Indulekha - from the HUL stable - has already introduced

Despite favourable rural conditions, Emami's Q1 volume growth disappoints

Positives in the quarter were the strong growth in pain management, up 39 per cent, and in health care, up 28 per cent