Profit

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

NSE
527.75
Change Change %
-17.85 -3.27%

Updated:19 Sep, 2018, 15:58 PM IST

BSE
530.50
Change Change %
-13.55 -2.49%

Updated:19 Sep, 2018, 16:01 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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