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22 Oct 2016 | 8:06 PM
Research Report

Equity Research Report: Master Pick-Emami Ltd

Emami Ltd power brands continued to maintain leadership in key categories. Cooling Oils, Balms, Boroplus Antiseptic cream and Fair and Handsome maintained their leadership positions with 9M FY16 volume market shares at 60.5%, 56.2%, 77.7% and 62.6% respectively. New brand extensions - Fair and Handsome Complete Winter Solution and BoroPlus Cocoa Soft Moisturising Lotion launched recently are expected to add filip to its existing brand portfolio.
29 Apr 2016 | 06:00 PM

In its previous corrective move during 2014, Emami retraced to the support zone of 100 EMA on the weekly chart and followed by strong rebound thereafter. We have seen the similar profit taking in last eight months and now look upbeat to resume its long term uptrend. Traders should accumulate in the given range of 990-1010 with close below stop loss of 910 for the target of 1220. 

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