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Emami gains on good Q2 earnings
Source: IRIS | 30 Oct, 2014, 11.11AM
Rating: NAN / 5 stars.
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Emami, a leading player in the personal and healthcare consumer products, witnessed a rise in share price on Thursday after it reported a steady growth in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 16% to Rs 927.60 million from Rs 799.60 million in the same quarter previous year.

Net sales for the quarter rose 20.37% to Rs 4,896 million, compared with Rs 4,067 million for the prior year period.

Shares of the company are trading at Rs 782, up Rs 22.6, or 2.98% at the Bombay Stock Exchange (BSE) on Thursday at 10:59 a.m.

The scrip has touched an intra-day high of Rs 808 and low of Rs 772.10. The total volume of shares traded at the BSE is 27,322.

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