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Emami drops after Q1 earnings

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Capital Market
Last Updated : Aug 07 2013 | 11:55 PM IST

Emami lost 1.04% to Rs 458.35 at 12:07 IST on BSE after consolidated net profit surged 30.18% to Rs 60.68 crore on 12.7% growth in total income to Rs 398.77 crore in Q1 June 2013 over Q1 June 2012.

The Q1 result was announced during trading hours today, 7 August 2013.

Meanwhile, the S&P BSE Sensex was down 29.34 points or 0.16% at 18,703.70.

On BSE, 29,000 shares were traded in the counter as against average daily volume of 32,947 shares in the past one quarter.

The stock hit a high of Rs 470 and a low of Rs 453.35 so far during the day. The stock had hit a 52-week low of Rs 312.07 on 21 August 2012. The stock had hit a record high of Rs 539.40 on 12 July 2013.

The stock had outperformed the market over the past one month till 6 August 2013, sliding 3.33% compared with the Sensex's 3.91% fall. The scrip had, however, outperformed the market in past one quarter, advancing 4.51% as against Sensex's 4.78% fall.

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The large-cap company has equity capital of Rs 22.70 crore. Face value per share is Re 1.

Emami is one of the leading personal and healthcare businesses in India, with an enviable portfolio of household brand names such as Boroplus, Navratna, Fair and Handsome, Zandu balm, Mentho Plus balm and Fast Relief.

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First Published: Aug 07 2013 | 12:07 PM IST

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