Emami soars nearly 19% to hit 52-week high after reporting Q4 results; brokerages raise targets
Emami's consolidated net sales grew by eight per cent to Rs 881 crore in the fourth quarter, while its revenue from operations was also up by seven per cent to Rs 891 crore Year-on-Year. Its domestic business grew by eight per cent with a volume growth of 6.4 per cent.
After Q4 results, Jefferies has maintained a 'buy' call on Emami, raising its target to Rs 630 from Rs 580. Photo: File/Representational