/ Emami Declares Interim Dividend Stock Slides Down By 2% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 March 2017

Emami Limited, today announced that the board of directors of the company have declared an interim dividend of Rs 1.75 per equity share of face value Rs 1 for the financial year 2016-17.

On the other hand, the stocks of Emami tumbled in lunch hours and are trading down by nearly 2% in Monday’s trading session.

In a period of one year the stock has delivered 5.2% returns, underperforming the BSE Sensex and BSE FMCG index over the same period of time.

Emami Limited is a fast-moving consumer goods company, engaged in providing ayurvedic medicinal products, cosmetics and toiletries. 

It operates in the Personal and Healthcare segments. Its brands include Navratna oil, BoroPlus antiseptic cream, Zandu and Mentho Plus balms, Fair and Handsome fairness cream for men and Kesh King ayurvedic medicinal oil.

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