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Emami Gains After Board Plans To Consider Bonus Issue

Gold Silver Reports (GSR) – Emami Gains After Board Plans To Consider Bonus Issue – Shares of the healthcare product maker rose as much as 7.3 percent, the most in over three months to Rs 1,204. The company said in a stock exchange filing that it plans to consider bonus shares and a dividend at a board meeting on May 3.

Trading volume was 14.7 times its 20-day average. Emami trades at 78.8 times trailing 12-month earnings per share and 53 times its estimates for the coming year, Bloomberg data showed.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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