The global investment bank expects Emami’s growth to recover from H2FY23 after a very high base. Margin pressures will persist in the near term, it said. It marginally lowered FY23/24/25 EPS by 2-3 per cent. Emami trades at 26x FY24 earnings ~40 per cent discount to the peers, said the note.
Zerodha’s Nithin Kamath hails SCRA rule clarification for stock brokers, “huge” for Rainmatter. Here’s why
Nithin Kamath praised the Finance Ministry and NSE for clarifying SCRA rules, allowing brokers to invest their own funds freely. This regulatory shift will empower
June 10, 2025