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Emami MD says rural demand hinges on inflation control

Positive0

GreyOak summary

Emami MD Harsha Vardhan Agarwal stated that rural demand remains resilient provided inflation stays controlled. The company absorbed 60% of packaging cost hikes due to rising crude prices but plans no further price increases this year. Emami expects strong winter demand despite weather unpredictability affecting seasonal timing.

What it affects

  • EmamiEMAMILTDPositive 0

    Emami MD links rural demand to inflation control.Rolling sentiment Neutral +9

Source

Read the original at Moneycontrol

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