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EMAMILTD Emami News Story

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Consumer DefensivesBalancedMid CapFalling Star

India's Emami gains on Q3 profit rise

** Shares of consumer goods co Emami  EMAM.NS  rise as much
as 5.1% to 562.15 rupees
    ** EMAM on Monday reported 8% Y/Y rise in Q3 consol net
profit while rev from ops grew 5.3% Y/Y
    ** Co also declared 2nd interim dividend of 4 rupees/share
    ** Stock is seeing its most active trading session since
Aug. 1, with more than 2.3 mln shares changing hands, 4.6x its
30-day avg    
    ** Avg rating of 25 analysts equivalent of "buy", median PT
is 798 rupees - data compiled by LSEG 
    ** Stock rose 6.6% in 2024



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))

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