Fri, Sep 13, 2024
5 stocks to buy for long-term: There has been volatility in the market as sentiments of global markets are affecting the domestic market every day. Despite this, stocks with good fundamentals can give good returns to investors in the long term.
More >
Tue, Aug 06, 2024
On Monday, during market hours, Marico— the owner of popular brands like Saffola, Parachute, and Livon— reported an 8.71 per cent rise in consolidated net profit to Rs 474 crore for the first quarter that ended June 30, helped by volume gains and gross margin expansion.
Fri, Aug 02, 2024
Marico in June quarter is expected to post better operating profitability as against revenue.
Fri, May 06, 2022
Fast-moving consumer goods (FMCG) companies’ stocks such as Marico, Dabur, and Tata Consumer Products declined up to 4 per cent after the companies announced muted FY22 March quarter earnings on the sequential basis.
Mon, Apr 25, 2022
Indonesia is the world’s largest supplier of palm (edible) oil, which is used in everything from cakes and frying fats to cosmetics and cleaning products, processed foods as well as in biofuels.
Wed, Apr 06, 2022
Shares of PB Fintech and Marico dropped up to 5% after the companies announced q4 updates on Tuesday
Fri, Feb 04, 2022
Three shares will turn ex-dividend on Friday. Chambal Fertilisers and Chemicals Ltd, Marico Limited and Siyaram Silk Mills Ltd will start trading ex-dividend from Friday
Fri, Jan 28, 2022
FMCG firm Marico Ltd on Friday reported a marginal increase of 1.6 per cent in its consolidated net profit to Rs 317 crore for the third quarter ended December 2021.
Tue, Jan 04, 2022
Shares of consumer goods and personal produces company, Marico, declined 3 per cent to Rs 498.20 per share on the BSE on Tuesday after the company said slowing consumption patterns affected the sector as whole.
Thu, Oct 28, 2021
Homegrown FMCG major Marico Ltd on Thursday reported a 16 per cent growth in consolidated net profit at Rs 316 crore in the second quarter ended September driven by volume growth in the domestic market.
Wed, Oct 06, 2021
The shares of fast-moving consumer goods (FMCG) major Marico hit a new all-time high to Rs 590 per share on Wednesday after surging by around 6 per cent on the BSE intraday trade as the company said that it sees revenue growth in the September-ended quarter in ‘the low twenties’.
Tue, Sep 21, 2021
In a Trader’s Dairy segment, Zee Business Research Analysts Ashish Chaturvedi and Varun Dubey suggest stocks from the cash and F&O markets. These shares are picked on the basis of news impact and have potential to generate good returns.
Thu, Sep 09, 2021
Stocks in News – ITC share, Marico share, Hindustan Unilever shares –Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, is bullish on the FMCG sector stocks. He recommends these three stocks for high returns. He said that this is one sector whose impact will never fizzle out
Fri, Aug 20, 2021
In an exclusive conversation with Marico's Founder and Chairman Harsh Mariwala, know the secrets of success in business and the inside story of Marico.
Thu, Jul 15, 2021
The shares of Marico hit a new 52-week high on Thursday to Rs 549.5 after surging for over 3 per cent on the BSE intraday trade, as the FMCG (Fast Moving Consumer Goods) company announces acquisition of 60 per cent in Apcos Naturals, which owns a brand called ‘Just Herbs’.
Tue, Jul 06, 2021
Leading FMCG companies in the country are expecting their sales growth numbers in high double-digit in the April-June quarter, a period when the broader market was severely impacted by the second wave of the COVID-19 pandemic.
Mon, Jul 05, 2021
On the back of its quarterly update, the brokerages posted a mixed stance for the Marico, as Goldman Sachs maintained a Neutral call while Citi has suggested to Buy the FMCG stock.
Tue, Jun 29, 2021
As a brokerage revises its target for this FMCG (Fast Moving Consumer Goods) stock, the shares of Marico soared almost five per cent to touch a new life high of Rs 533.1 per share on the BSE intraday trade today.
Being bullish on this FMCG stock, brokerage firm Credit Suisse expects Marico to be showstopper amongst the peers with an opportunity of growth amid rising revenues. The brokerage gave a buy call for the stock by revising the price target to Rs 600 apiece from Rs 490 per share earlier.
Mon, May 03, 2021
Amid the strong quarter-four performance, Marico on Monday has touched its new 52-week high at Rs 452.80 per share, the share of the company jumped around 10 per cent intraday.
Marico share price today: Kotak Institutional Equities says that Marico’s 4Q growth print (India volume/value up 25%/35% yoy; 2-yr CAGR at 10%/12%) was robust even after factoring benefit of some planned normalization of historical skew in 4Q and 1Q revenues. The core portfolio– CNO, VAHO and Saffola – has started displaying resilience and a food portfolio, led by oats and supported by new launches, is driving a fresh promise
Fri, Jan 29, 2021
Marico’s Q3 FY21 result was in line with estimates. Strong recovery is witnessed across all categories (essential and discretionary). Food portfolio grew fastest (+74%YoY) followed by VAHO (+21%YoY) and Saffola (+17%YoY). Parachute reported volume growth of 8% YoY, ahead of the company’s medium term aspiration of 5-7%. Traditional trade and e-com continued to outperform while modern trade reached pre-Covid level.
Tue, Jan 05, 2021
Marico's India business delivered a strong performance with double-digit volume growth. Marico Revenue growth was in tandem with volume growth. Parachute Coconut Oil delivered ahead of its medium-term aspiration. Saffola Edible Oils continued its growth momentum, delivering double-digit volume growth. Value Added Hair Oils also exhibited strength with a broad based sharp recovery across sub segments leading to overall double-digit growth for the category. Marico's Foods portfolio continued to witness exponential growth in line with the near-term aspiration, backed by strong performance in both the base foods and the new product launches.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
