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Emami's future growth will be driven by investments in new brands, double-digit growth CAGR in the international market, rural distribution expansion and recovery in the rural market, said Motilal Oswal.
Emami's stock rose 2% to Rs 535 on the NSE on Friday after the firm revealed that it was entering the health juice sector.
Shares of Emami gained 8 per cent to Rs 415.8 against the previous close of Rs 385 on BSE. The stock opened higher at Rs 389 on BSE.
Emami stock has underperformed the Nifty FMCG index so far in CY22, leading to undemanding valuations
At the end of the latest market close, Farmmi Inc. (FAMI) was valued at $0.32. In that particular session, Stock kicked-off at the price of $0.2914 while reaching the peak value of $0.3168 and lowest value recorded on the day was $0.277. The stock current value is $0.30.Recently in News on October 2