Emami Ltd is happy high over higher sales in Q1
Advertisement
Advertisement
Advertisement
Shares of Emami said its first quarter Net Profit rose 24% to 87.8 crore rupees compared with 70.8 crore rupees in the same quarter a year ago. Sales during April-June rose 22 percent to 590 crore rupees from 481.7 crore rupees in the year ago period.
Emami rose 2.6%, or 35 rupees, to 1,365 rupees, a record high on the National Stock Exchange, where 3.10 lakh shares were traded by 12:35 pm compared with the 5-day average of 2.07 lakh shares.
Emami's market capitalisation has jumped 150% in the past one year to 30,560 crore rupees as investors bought into its acquisitive management and sought the relatively safety and predictability of sales and revenues of
Image Credit: Indiatimes.com
Advertisement
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie