Khambatta Securities has reiterated a BUY recommendation on Emami Limited, assigning a target price of Rs 525 against the current market price of Rs 405, implying a potential upside of approximatel

Emami share price touched 52-week lows during Thursday's trading session but the stock recovered by the end of the day. Emami touched Rs 385.5 but ended the day 1.3 percent higher at Rs 398.5.

Khambatta Securities has reaffirmed its BUY recommendation on FMCG major Emami with a revised target price of Rs 645, representing a compelling 26% upside from the current market price of Rs 514.