The shares of Emami, a company that makes products like Zandu Malam, Navaratna, Fair and Handsome, Cash King, are flying today. Today, the stock is up about 12 percent. Share of Emami today Rs. 699.55 and opened at Rs. A 52-week high of 775 was reached. Its 52 weeks time is Rs 410. The stock has gained nearly 80 percent in the last one year. So far it has reached this level of Rs 42.96. It has grown by around 1700% in the last 18 years.
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Buy, sell or hold Emami
Market experts are bullish on Emami shares. A total of 20 out of 25 analysts have recommended buy. Out of which 12 have given strong buy rating and 8 have given buy rating. Whereas, 3 have recommended hold and only two have recommended sell.
Talking about the share holding pattern of Emami, 54.84 percent shares are held by the promoters. While 13.46 percent is held by foreign institutional investors. Compared to the December quarter, foreign investors have invested heavily in these stocks till the March quarter. It has increased its share from 12.86 percent to 13.46 percent. On the other hand, domestic institutional investors reduced their stake from 23.93 percent to 22.04 percent.
Emami’s share price has increased by 7% in the last one week. Whereas, it has returned 21% in one month. Emami’s stock price has gained 66.65% in 3 months, while Emami’s stock has gained 34.31% in the last 6 months.
,Disclaimer: The recommendations, suggestions, opinions and views of the experts are their own and not those of Live Hindustan. Information about stock performance is provided here only, not investment advice. Investing in stock market is subject to risks and please consult your advisor before investing.)