Shares of Emami, the producer of cosmetic goods and toiletries, rose one percent amid large volumes as the company will consider bonus issue on May 6.
Hopes of a bonus issue on May 6 pushed up shares of Emami , the producer of cosmetic goods and toiletries, by one percent amid large volumes.
"The meeting of board of directors of the company will be held on May 06, 2013, to approve audited annual accounts for the year ended March 31, 2013, to consider and if thought fit, to recommend a dividend for the said year and/or to recommend issue of bonus shares to the equity shareholders," Emami said.
At 11:58 hours IST, the stock was up 1 percent at Rs 620.90 on Bombay Stock Exchange.
Trading volumes jumped nine times to 59,501 equity shares as compared to its five-day average of 6,462 shares.
Emami stock price
On July 23, 2014, Emami closed at Rs 540.30, up Rs 0.60, or 0.11 percent. The 52-week high of the share was Rs 575.90 and the 52-week low was Rs 393.40.
The company's trailing 12-month (TTM) EPS was at Rs 17.55 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 30.79. The latest book value of the company is Rs 40.92 per share. At current value, the price-to-book value of the company is 13.20.
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