Emami: Balmy in Volatile Times
With search for defensive bets intensifying, BSE FMCG index is up 5.3 per cent, a little more than two times that of BSE Sensex’s up-move, since the volatilities beginning from April 2. And Emami is a slightly differentiated play in this space, with revenue being rural led and product portfolio involving ayurvedic healthcare. FY24 marked…
