Emami jumps 5% as board to consider share buyback

Emami shares surged 5.18% after the company said its board will meet on September 17 to consider a proposal to buy back fully paid-up equity shares. The FMCG major reported 15% YoY revenue growth in Q1 FY27, while its strategic investments portfolio is expected to contribute around 25% of turnover by FY30.