Marico Limited (BOM: 531642)
India
· Delayed Price · Currency is INR | Market Cap | 813.68B |
| Revenue (ttm) | 100.07B |
| Net Income (ttm) | 15.88B |
| Shares Out | 1.30B |
| EPS (ttm) | 12.26 |
| PE Ratio | 51.25 |
| Forward PE | 50.79 |
| Dividend | 9.50 (1.51%) |
| Ex-Dividend Date | n/a |
| Volume | 28,719 |
| Open | 641.35 |
| Previous Close | 640.95 |
| Day's Range | 625.65 - 647.45 |
| 52-Week Range | 486.75 - 719.80 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 27, 2025 |
About Marico
Marico Limited, together with its subsidiaries, manufactures and sells consumer products in India. It offers coconut oils, refined edible oils, hair oils, anti-lice treatments, fabric care, functional and other processed foods, hair creams and gels, hair serums, shampoos, shower gels, shower gels, hair relaxers and straighteners, deodorants, fabric care, female personal care, baby care, skin care, male grooming and styling, health care, and hygiene products, as well as conditioners. The company markets its products under the Parachute, Saffola,... [Read more]
Financial Performance
In 2023, Marico's revenue was 96.53 billion, a decrease of -1.14% compared to the previous year's 97.64 billion. Earnings were 14.81 billion, an increase of 13.75%.
Financial StatementsNews
Macquarie on Titan, ITC, Marico, D-Mart, Nykaa, and Asian Paints: Highlights risks and top picks in consumer and lifestyle
Macquarie has provided its outlook on the Indian consumer and lifestyle sector, identifying risks, trends, and its top stock preferences in the space. Key Insights: Top Picks in the Sector: Titan rema...
FMCG Stocks: Dabur India down 0.33%, Balrampur Chini up 3.27% and more
The Nifty FMCG index traded in the red, shedding 0.30% as of midday, reflecting mixed performances among its constituents. While ITC inched up by 0.06%, other major players like Dabur India, Britannia...
Marico shares rise 1.32% as Goldman Sachs maintains ‘Buy’ rating
Shares of Marico Ltd. (NSE: MARICO) gained 1.32% in early trade on November 28, reaching ₹658.50, following a positive outlook from brokerage firm Goldman Sachs. The brokerage reaffirmed its ‘Buy’ rat...
Goldman Sachs sees growth potential for Marico, reiterates Buy rating with target of Rs 720
Goldman Sachs has reiterated a "Buy" rating for Marico, with a target price of ₹720
Jefferies on FMCG: Urban demand woes persist; Colgate, Marico, GCPL top picks
Jefferies has flagged a subdued performance for the consumer staples sector in 2QFY25, citing slower revenue growth, margin pressure, and muted urban demand. Net earnings for the coverage companies de...
Double trouble for FMCG players: Costly commodities, weak demand
Leading FMCG companies in India, including HUL, Godrej, Marico, ITC, and Tata Consumer Products, have reported a decline in margins for the September quarter due to higher input costs and food inflati...
Morning Top Gainers: Adani Enterprises, Marico, Chambal Fertilizers, and More
In today’s trading session, several stocks have shown impressive gains, with Adani Enterprises standing out as the top performer. Here’s a closer look at the top gainers of the day: Adani Enterprises:...
Marico shares surge over 5% on strong Q2 results
Marico Limited shares gained over 5% following its Q2 FY25 results, showing strong year-over-year growth. Although the stock closed at ₹629.15, down 0.76% on October 29, the earnings reveal impressive...
Stocks to watch today: Marico, Voltas, GSK Pharma, SBI Cards, and CONCOR post Q2 FY25 earnings results
Here’s a breakdown of key stocks in the spotlight today, October 30, 2024, based on their recent updates and Q2 performance: Stocks in Focus – Green Marico: The company’s Q2 results were largely in li...
Marico Share Price: Nomura maintains Buy, target at Rs 760, sees 21.4% upside potential
Nomura has maintained a Buy rating on Marico, with a target price of ₹760, indicating a potential upside of 21.4% from the current market price of ₹625.90. Key insights from Nomura’s report: Q2 Perfor...
Marico Share Price: Jefferies maintains Buy, raises target to Rs 800, sees 27.8% upside from current market price
Jefferies has reiterated its Buy rating on Marico, increasing the target price to ₹800, implying a potential upside of 27.8% from the current market price of ₹625.90. Key insights from Jefferies’ repo...
Stock to Watch Today: Marico net profit surges 105% YoY in Q2 FY24-25 on 3% revenue growth
Marico Limited will be a stock to watch today after reporting strong Q2 FY24-25 results. The stock closed at ₹629.15, down 0.76% on October 29, 2024, but the earnings report shows substantial year-ove...
Morgan Stanley maintains Equal-weight on Marico, expects 9% downside – Check target price
Morgan Stanley has reiterated its ‘Equal-weight’ rating on Marico, with a target price of ₹625, indicating a potential downside of around 9% from the current market price of ₹691.55. The brokerage exp...
Marico shares price gain 2.25% as Emkay upgrades to ‘Add’
Shares of Marico (MARICO) rose by 2.25% to ₹709.20 in early trading after Emkay upgraded the stock to ‘Add’ from ‘Reduce’ and hiked the target price to ₹775 from ₹700. Emkay cited an improving growth ...
Re Sustainability, Sharrp Ventures form joint venture
Hyderabad: Waste management player Re Sustainability has entered into a joint venture with Sharrp Ventures, the family office of FMCG major Marico’s f.
Goldman Sachs keeps target price of Rs 715 on Marico, believes growth on track
Goldman Sachs has maintained a Buy rating on Marico, with a target price of ₹715, following key takeaways from recent non-deal roadshows (NDR). The firm highlights that Marico’s growth agenda remains ...
Marico expands healthy grains portfolio, launches new Saffola Masala Millets flavors
Marico today announced that it has unveiled its latest product innovation with the introduction of Saffola Masala Millets in two new flavors: Masala Delight and Tomato Delight.
CLSA on Consumer Sector: Zomato rated ‘Overweight’; Marico, HUL ‘Underperform’
CLSA has shared its perspectives on India’s consumer sector, highlighting significant shifts driven by the rapid rise of quick commerce. The firm has issued an “Overweight” rating on Zomato, with a ta...
Marico shares jump almost 3% as Bangladesh operations return to normal
Marico Ltd. saw its shares increase by nearly 3% after the company announced that its manufacturing operations in Bangladesh had resumed at their normal scale on August 13. The FMCG company highlighte...