Emami Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 24123.76 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 777.26 Crore, down -17.56 % from last quarter Total Income of Rs 942.79 Crore and up 42.05 % from last year same quarter Total Income of Rs 547.17 Crore. Company reported net profit after tax of Rs 89.07 Crore in latest quarter.
Investment Rationale
Series of ascending tops and bottoms is intact on short term and medium term charts. During the recent decline, the stock defended levels of Rs 530; mild reversal thereafter could mean resumption uptrend.
Promoter/FII Holdings
Promoters held 53.9 per cent stake in the company as of March 31, 2021, while FIIs held 10.5 per cent, DIIs 26.4 per cent and public and others 9.2 per cent.
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