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Marico Ltd (MARICO)

₹628.40.96%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on Marico Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, MARICO stock has moved up by 26.4%

  • imgPOSITIVE IMPACT

    MF Holding Up

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    Mutual Funds have increased holdings from 3.08% to 3.12% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

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    Retail Investor have increased holdings from 4.88% to 4.91% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Godrej Consumer Products Ltd has given 29.8% return, outperforming this stock by 13.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Godrej Consumer Products Ltd has given 57.2% return, outperforming this stock by 37.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

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    Promoters have decreased holdings from 59.39% to 59.35% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

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    Revenue is down for the last 4 quarters, 2.52K Cr → 2.29K Cr (in ₹), with an average decrease of 3.1% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 25.69% to 25.54% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 383.0 Cr → 318.0 Cr (in ₹), with an average decrease of 17.0% per quarter

Performance

  • Day's Low

    Day's High

    ₹616.25
    ₹629.5
  • 52 Week's Low

    52 Week's High

    ₹486.3
    ₹667.2
1 Month Return+ 5.47 %
3 Month Return+ 26.36 %
1 Year Return+ 16.11 %
Previous Close₹622.45
Open₹625.00
Volume9.64L
Upper Circuit-
Lower Circuit-
Market Cap₹80,567.66Cr

Analyst Rating

based on 39 analysts

BUY
82.05%
Buy
10.26%
Hold
7.69%
Sell

Based on 39 analysts offering long term price targets for Marico Ltd. An average target of ₹621.08

Source: S&P Global Market Intelligence

Company Information

Marico Ltd is a leading Indian consumer products company, incorporated in 1988 by Harsh Mariwala. The company operates in various lines of business including health and beauty, food and beverages, and home and personal care. It has a presence in over 25 countries across Asia, Africa, and the Middle East.

Marico's top products include edible oils, hair oils, skin care, health supplements, and food products. Its popular brands include Parachute, Saffola, Hair & Care, Nihar, Livon, Set Wet, and Mediker. The company has also launched several innovative products, such as Saffola Fittify Gourmet, which is a range of healthy and nutritious food products.

Share Price: ₹628.40 per share as on 20 Jun, 2024 04:01 PM
Market Capitalisation: ₹80,567.66Cr as of today
Revenue: ₹2,278.00Cr as on March 2024 (Q1 24)
Net Profit: ₹320.00Cr as on March 2024 (Q1 24)
Listing date: 01 May, 1996
Chairperson Name: Harsh Mariwala
OrganisationMarico Ltd
HeadquartersMumbai
IndustryEdible Oil
E-voting on sharesClick here to vote
Saffola Share Price
Set Wet Share Price
Parachute Share Price
Livon Share Price
Parachute Hair Oil Share Price
Mediker Share Price

Key events for Marico Ltd

  • Analyst Advises Traders to Invest in Marico Over ITC - 19 Jun, 2024

    Marico Ltd's shares are expected to deliver better returns than ITC within the FMCG space according to technical analyst Manas Jaiswal. He advised traders to exit their positions in ITC and invest in Marico for a 6-8 month time horizon, with a stop loss of ₹560 on the downside and targets of ₹800 on the upside during this timeframe.

  • Marico's ROCE Remains Flat at 38% - 18 Jun, 2024

    Marico Ltd has maintained a return on capital employed (ROCE) of around 38% over the past five years, while deploying 56% more capital into its operations. If this trend continues, it could lead to significant growth for the company.

  • Marico Compared to Dabur's Anmol Brand in Print Ad - 12 Jun, 2024

    Marico, a competitor of Dabur India Ltd in the hair oils market, has been compared to Dabur's Anmol brand of hair oils in a print advertisement. Last year, Dabur took Marico to court for trademark violation over ad campaigns comparing their respective oil brands.

  • FMCG Stocks Surge, Represent Buying Opportunity - 11 Jun, 2024

    Tata Consumer Products, Dabur, Marico, and Britannia stocks surged as CEO of Samco Ventures remarked that FMCG stocks are undervalued and represent a buying opportunity.

  • Marico Shares Surge on Strong Growth Prospects - 10 Jun, 2024

    Shares of Marico have surged by 31.60% in less than three months, driven by growth prospects in the rural segment and a focus on premiumisation. Domestic brokerage firm Sharekhan has retained its buy rating on Marico with a revised target price of ₹775 per share. The company's Project SETU aims to improve direct reach from 1 million outlets to 1.5 million outlets in FY2027. Better monsoons and government support are expected to boost volume growth trajectory from H2FY2025.

  • Marico Ltd Stock Target Set at Rs 680 by Experts - 07 Jun, 2024

    Marico Ltd's stock has risen almost 25% in a month, with experts suggesting that short-term traders can look to buy the stock for a target of Rs 680 in the next 2-3 weeks.

  • Marico Shares Surge on Record High Nifty FMCG Index - 05 Jun, 2024

    Marico shares surge over 18% as Nifty FMCG index hits record high level of 58,832.65; management sees greenshoots of recovery in rural markets. However, Marico has a high P/E ratio of 53.7x which may not be sustainable.

  • FMCG Sector Recovery Boosts Marico Ltd's Prospects - 30 May, 2024

    Marico Ltd, along with other FMCG stocks like Dabur and Emami, has shown signs of recovery in the sector. Analysts predict this growth will boost the prospects of the industry.

  • Marico Stock Surges on Double-Digit Revenue Growth Expectations - 28 May, 2024

    Marico Ltd is expected to achieve double-digit revenue growth in FY25 through strategic pricing, favorable product mix, effective cost management, and procurement gains. Prabhudas Lilladher recommends accumulating Marico stock with a target price of Rs. 606.

  • Marico Launches Sachet for Hair Oil Brand; Expects Double-Digit Growth in Revenue - 21 May, 2024

    Marico has launched a new sachet size for its Nihar Shanti Amla hair oil brand and expects double-digit growth in revenue from its domestic business due to improving rural demand.

Marico Ltd Valuation

Marico Ltd in the last 5 years

  • Overview

  • Trends

Lowest (25.23x)

March 23, 2020

Today (54.32x)

June 19, 2024

Industry (93.80x)

June 19, 2024

Highest (64.75x)

September 13, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option0.63%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.04%
Franklin India Flexi Cap Fund Direct GrowthFranklin India Flexi Cap Fund Direct Growth1.58%
Quant Active Fund Growth Option Direct PlanQuant Active Fund Growth Option Direct Plan1.66%
Quant Flexi Cap Fund Growth Option Direct PlanQuant Flexi Cap Fund Growth Option Direct Plan2.24%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
59.35%
0.00
Foreign Institutions
25.54%
0.00
Mutual Funds
3.12%
0.00
Retail Investors
4.91%
0.00
Others
7.08%
0.00

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Marico Ltd (MARICO) share price today is ₹628.4

Marico Ltd is listed on NSE

Marico Ltd is listed on BSE

  • Today’s highest price of Marico Ltd is ₹629.5.
  • Today’s lowest price of Marico Ltd is ₹616.25.

PE Ratio of Marico Ltd is 54.32

PE ratio = Marico Ltd Market price per share / Marico Ltd Earnings per share

Today’s traded volume of Marico Ltd(MARICO) is 9.64L.

Today’s market capitalisation of Marico Ltd(MARICO) is ₹80567.66Cr.

Marico Ltd(MARICOPrice
52 Week High
₹667.2
52 Week Low
₹486.3

Marico Ltd(MARICO) share price is ₹628.4. It is down -5.82% from its 52 Week High price of ₹667.2

Marico Ltd(MARICO) share price is ₹628.4. It is up 29.22% from its 52 Week Low price of ₹486.3

Marico Ltd(MARICOReturns
1 Day Returns
5.95%
1 Month Returns
5.47%
3 Month Returns
26.36%
1 Year Returns
16.11%