Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
455.00
Change Change %
-5.35 -1.16%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
455.05
Change Change %
-3.70 -0.81%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
06-05-2016 Buy 1046.25 970.00
N/A
Target Hit Long (1Y)
06-05-2017

Religare maintains sell on Emami

Emami posted above-expected earnings in Q4. We believe higher A&P spends to drive consumer demand, but new launches would keep margins range-bound. Current valuation at 30 times FY18 estimated earnings per share, looks expensive and factors in the inherent strength in Emami's business.

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