New Delhi, Sept. 21 -- Emami shares are back in focus ahead of the company's much-awaited buyback. The stock gained around 4% on Monday, September 21, even as it has remained under pressure over the past several months.

The move comes at a time when technical indicators are beginning to point towards a possible recovery, while the buyback offers another key trigger for investors.

Emami shares climbed as much as 3.7% to Rs.382 during Monday's session. Despite the latest recovery, the stock has fallen 6% in the past 1 month, 8% in 3 months, 5.5% in 6 months and 34% over the last 1 year.

Emami's board approved the share repurchase on September 17, with the company planning to buy back shares worth up to Rs.282 crore through the open marke...