India's Emami falls to lowest in nearly three weeks

Emami

07/10/2022 09:27

** Shares of FMCG company Emami Ltd  EMAM.NS  fall as much
as 3.81% to 481.20 rupees, lowest since Sept 19
    ** Stock falls for a second consecutive session, top pct
loser on India's Nifty FMCG index  .NIFTYFMCG 
    ** More than 377,000 shares change hands by 0812 GMT, 1.6x
30-day avg of 232,347 shares
    ** 23 of the 27 analysts covering the stock rate it "buy" or
"strong buy", two "hold" and two "sell" or "strong sell"; median
PT is 565 rupees - Refinitiv data
    ** Stock down 3.61% this year, as of last close, vs a 17.34%
gain in the Nifty FMCG index  .NIFTYFMCG 
 (Reporting by Atreya Raghavan in Bengaluru)
 ((Atreya.Raghavan@thomsonreuters.com; Mobile: +91 8527959656))