The pickup in Kesh King, and sustained momentum in OTC market will be the key driversfor the stock. Stronger summer season should help sales of cooling oil, and talcum powder.
Kesh King is firmly on growth path. Credit Suisse believes that pressure from Patanjali are gradually easing as well. The brokerage firm expect Emami to deliver 22 per cent earnings CAGR over FY16-18.
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