At the day's low of Rs 320.10, the stock had declined 7.87%.

Meanwhile, the BSE Sensex was up 88.52 points, or 0.60%, 14,747.01.

On BSE, 38,015 lakh shares were traded in the counter. The stock had an average daily volume of 33,084 shares in the past one quarter.

The stock hit a high of Rs 362 and a low of Rs 320.10 so far during the day. The stock hit a 52-week high of Rs 394.50 on 17 June 2009 and a 52-week low of Rs 175 on 18 March 2009.

The mid-cap stock had outperformed the market over the past one month till 2 July 2009, rising 7.02% as compared to the Sensex's 1.45% fall. It had also outperformed the market in the past one quarter, surging 64.36% as compared to the Sensex's return of 41.64%.

The company's current equity is Rs 12.43 crore. Face value per share is Rs 2.

The current price of Rs 347.90 discounts the company's Q4 March 2009 annualized EPS of Rs 9.99, by a PE multiple of 34.82.

The company has reportedly raised Rs 310 crore through issuing qualified institutional placement (QIP). The shares were sold at Rs 310 a piece.

Emami's net profit plunged 55.6% to Rs 15.52 crore on 2.1% rise in net sales to Rs 184.73 crore in Q4 March 2009 over Q4 March 2008.

Emami is engaged in developing and manufacturing personal, beauty and health care products through an effective leverage of Ayurveda.