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Tailwinds point to better prospects for Emami; FY24 may see recovery in biz

While Emami is still struggling to push growth, given weak rural demand, the sale of the group s stake in AMRI Hospitals should ease investor concerns about stake pledges by promoters. It has also carried a series of stake acquisitions which should enable the expansion of its brand portfolio. The Q2 results are likely to see flat volumes and low revenue growth alongside some gross margin expansion.

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Broker s call: Emami (Buy) - The Hindu BusinessLine

Broker s call: Emami (Buy) - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Emami targets D2C betting in healthcare & personal care

Emami Ltd is open to making an investment in the more direct-to-consumer (DTC) brands, particularly in personal.

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Emami eyes D2C bets in personal care, healthcare

Emami sells a range of personal care brands such as Navratna, Kesh King and Fair and Handsome.

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Emami Acquires Dermicool Brand From Reckitt For Rs 432 Crore

Consumer goods maker Emami Ltd. has acquired Reckitt’s prickly heat powder and talc brand Dermicool for Rs 432 crore, excluding taxes and duties. “The acquisition is funded through internal accruals and is subject to customary closing conditions,” the Kolkata-based company, said in its stock filing on Friday.

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