Lower valuation, rural demand makes this FMCG stock worth a look

ET Intelligence Group: The stock of Emami, a manufacturer of personal care and healthcare products, gained 3.6% on Tuesday amid a marginal drop in the healthcare and fast moving consumer goods (FMCG) indices. The stock has gained 15% since the beginning of January on hopes of a strong third quarter performance given its reach in the rural market, which has been showing a revival in demand.The company derives around 60% of the revenues from the