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Emami jumps as Goldman Sachs projects strong upside
Emami gained 5% after Goldman Sachs issued a Buy call and projected nearly 60% upside supported by earnings improvement.
Emami rose about 5% after Goldman Sachs assigned a Buy rating and projected close to 60% upside. The assessment cited improving earnings visibility, stronger distribution reach and stable input cost trends. The stock saw active participation from institutional and retail investors as sentiment improved in the broader FMCG space.