Emami announced on Friday that the company has entered into an agreement with Royal Hygiene Care, Mumbai for acquisition of its brand ''She Comfort'' a quality brand of sanitary napkin products.
The stock had underperformed the market over the past one month till Jun. 20, 2014, falling 0.09% compared with the Sensex's 2.99% rise.
It outperformed the market in past one quarter, gaining 24% as against 15.48% rise in the Sensex.
Shares of the company gained Rs 2.3, or 0.46%, to trade at Rs 507. The total volume of shares traded was 6,971 at the BSE (12.55 p.m., Monday).