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Marico Share Price: The revenue from operations rose merely 1.7% YoY to Rs 2,278 crore from Rs 2,240 crore in the year-ago quarter although the company managed to trim its expenses to Rs 1,894 crore in Q4FY24 from Rs 1,970 crore in Q3FY24 and Rs 1,907 crore in Q4FY23.
On Thursday, the shares of FMCG-cigarette-to-hotel major ITC zoomed over 4 per cent to hit a high of Rs 279.15. It rose 2 per cent to hit a new 52-week high of Rs 282.3 on BSE on Friday.
Emami raises product prices by 4% on higher input cost The company's long awaited project Khoj that aims deeper rural reach to retain profitability momentum, has been launched in Uttar Pradesh with the relaxation of lockdown PTI | June 6, 2021 | Updated 18:10 IST E-commerce contribution is roughly 3.7 per cent of the domestic sales which has almost increased by three times in the fourth quarter of FY21 FMCG major Emami Ltd has raised product prices on an average by four per cent in the current fiscal to offset the present input cost pressure that will help the company to retain a gross margin of 66-67 per cent, a senior company official said on Sunday.
Trading volume on the counter was almost three times higher than its two-week average trading volume on BSE. Over 5.25 million shares changed hands till 1.15 pm on both BSE and NSE.
Emami share rises 2% on Q4 earnings; here's what brokerages say "During the quarter, input cost pressure increased due to inflation in key commodities which led to a gross margin decline of 250 bps," the company said BusinessToday.In | May 26, 2021 | Updated 15:12 IST Representative Image Share of Emami rose 2 per cent to hit an intraday high of Rs 511.05 after the company reported over three-fold jump in its net profit to Rs 88 crore for the quarter ended March 2021. Profit in the year-ago period stood at Rs 22.75 crore. The share opened 2 per cent higher at Rs 510.00 against the previous close of Rs 499.75. The share has gained 143 per cent in one year and risen 18 per cent since the beginning of this year.