EMAMI LTD share price has plunged 5% and is presently trading at Rs 387.
Meanwhile, the BSE FMCG Index is at 11,626 (down 0.8%).
Among the top losers in the BSE FMCG Index today are EMAMI LTD (down 5.2%) and KRBL LIMITED (down 9.2%).
P&G HYGIENE (up 1.1%) and GODREJ CONSUMER (up 0.8%) are among the top gainers today.
Over the last one year, EMAMI LTD has moved down from Rs 558 to Rs 387, registering a loss of Rs 171 (down 30.6%)..
The BSE FMCG has moved up from 10,571 to 11,626, registering a gain of 1,055 points (up 10.0%) during the last 12 months.
The top gainers among the BSE FMCG Index stocks during this same period were NESTLE (up 56.9%), HUL (up 35.6%) and BRITANNIA (up 34.8%).
What About the Benchmark Indices?
The BSE Sensex is at 36,588 (down 0.5%). The top gainers among the BSE Sensex stocks today are KOTAK MAH. BANK (up 1.0%). The most traded stocks in the BSE Sensex are TATA STEEL and HDFC BANK.
In the meantime, NSE Nifty is at 10,931 (down 0.5%). CIPLA (up 1.4%) and IOC (up 1.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,413 to 36,588, registering a gain of 2,175 points (up 5.7%).
EMAMI LTD Financial Update…
EMAMI LTD net profit down at Rs 1 billion for the quarter ended December 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 7.2% to Rs 8.1 billion during the period as against Rs 7.6 billion in October-December 2017.
For the year ended March 2018, EMAMI LTD reported 9.6% decrease in net profit to Rs 3.1 billion compared to net profit of Rs 3.4 billion during FY17.
Revenue of the company grew 0.5% to Rs 25 billion during FY18.
The current Price to earnings ratio of EMAMI LTD, based on rolling 12 month earnings, stands at 26.9x. p >
This article (EMAMI LTD Plunges by 5%; BSE FMCG Index Down 0.8%) is authored by Equitymaster.