Emami Ltd.: Lower valuation, rural demand makes this FMCG stock worth a look

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The company derives around 60% of the revenues from the rural market, which is among the highest in category while nearly 40% of it is from the winter products portfolio.

Synopsis

The stock has gained 15% since the beginning of January on hopes of a strong third quarter performance given its reach in the rural market, which has been showing a revival in demand.

ET Intelligence Group: The stock of Emami, a manufacturer of personal care and healthcare products, gained 3.6% on Tuesday amid a marginal drop in the healthcare and fast moving consumer goods (FMCG) indices. The stock has gained 15% since the beginning of January on hopes of a strong third quarter performance given its reach in the rural market, which has been showing a revival in demand.The company derives around 60% of the revenues from the

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