₹516.85▲1.32%
Day's Volatility:0.13%
High
0.13%
8.19%
Low
52 Weeks Volatility:23.31%
High
15.12%
Returns % | |
1 Month Return | 2.74 % |
3 Month Return | -1.25 % |
1 Year Return | 2.66 % |
Market Stats | |
Previous Close | ₹510.10 |
Open | ₹516.90 |
Volume | 6.42L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹66,018.60Cr |
based on 39 analysts
Based on 39 analysts offering long term price targets for Marico Ltd. An average target of ₹576.77
Source: S&P Global Market Intelligence
Organisation | Marico Ltd |
Headquarters | Mumbai |
Industry | Edible Oil |
E-voting on shares | Click here to vote |
Key events for Marico Ltd
Marico Ltd's stock fell by 0.28% to Rs 505 on the NSE, while the benchmark NIFTY rose by 0.15%. The company has gained around 2.52% in the last month and has a PE of 62.3 based on TTM earnings ending December 23.
FMCG Stocks Struggle in 2024 - 15 Apr, 2024
Marico Ltd is among the FMCG stocks that have lost over 5% on a year-to-date basis, along with Nestle. HUL, Britannia Industries, and Dabur have all lost over 11%, while ITC shares are down over 8%.
Marico Expects Low Single-Digit Revenue Growth in Q4 - 10 Apr, 2024
Marico Ltd's consolidated revenue growth for Q4 is expected to be in the low single digits, with domestic revenue growth outpacing volume growth. The company's leading brand, Parachute Coconut Oil, registered low single-digit volume growth last quarter due to continued revival in loose to branded conversions amidst firming up of copra prices. Marico's stock traded 0.38% up at Rs 511.6 and the MACD signalled a bullish bias on the counter. Kitchen staples companies reported consumers shifting back to branded packaged staples from loose items, aiding Marico's sales.
Marico Ltd Demand Environment Remains Subdued - 09 Apr, 2024
Early commentaries from FMCG players like Marico, Dabur India and Godrej Consumer Products suggest that the overall demand environment remained subdued during Q1 2024.
Marico Receives Mixed Views from Brokerages Despite Positive Q4 Update - 08 Apr, 2024
Marico's Q4 business update shows slight uptick in domestic volume growth, while international business clocks double-digit constant currency growth. Brokerages have mixed views, with CLSA retaining sell call, Morgan Stanley maintaining equal-weight call, and Macquarie remaining positive.
Marico Expects Margin Expansion and Profit Growth - 07 Apr, 2024
FMCG giant Marico anticipates strong gross margin expansion and low double-digit operating profit growth, with domestic revenue growth expected to outpace volume growth. The company aims to deliver sustainable and profitable volume-led growth over the medium term.
Marico Expects Revenue Growth After Three Quarters of Fall - 05 Apr, 2024
Marico Ltd reported low-single-digit consolidated revenue growth in Q4, with expectations of further growth. The company aims to broaden its portfolio by expanding food and digital-first brands while enhancing profitability metrics.
Marico Stock on Downtrend, Technical Analysis Suggests Going Short - 04 Apr, 2024
Marico Ltd's stock has been on a downtrend since September 2023. Technical analysis suggests going short at around ₹496 and adding more shorts if the price inches up to ₹505 with stop-loss at ₹510 and book profits at ₹485.
Mixed Bag for Marico with Profitable Growth Expected Amid Rural Demand Improvement - 01 Apr, 2024
Marico reported a small dip in revenue but saw net profit growth in the December 2023 quarter. Negative price growth is expected to continue in Q4FY24 for Marico and other FMCG companies. Meanwhile, Beardo's CEO has gone on a sabbatical, and two executives will lead operations during his absence.
Marico Founder Receives Lifetime Achievement Award; Company Acquires D2C Brands - 30 Mar, 2024
Marico founder Harsh Mariwala receives Lifetime Achievement Award at Mint India Investment Summit 2024. Marico acquires four direct-to-consumer brands to accelerate digital transformation. Saugata Gupta, MD & CEO, credits e-commerce platforms for boosting global appeal of Indian products.
Fundamentals of Marico Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 4.88% to 4.91% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 353.0 Cr → 383.0 Cr (in ₹), with an average increase of 7.8% per quarter
MF Holding Up
Mutual Funds have increased holdings from 3.08% to 3.12% in Mar 2024 quarter
Against Peers
In the last 1 year, Colgate-Palmolive India Ltd has given 75.4% return, outperforming this stock by 71.4%
Against Peers
In the last 3 years, Colgate-Palmolive India Ltd has given 82.7% return, outperforming this stock by 57.3%
Revenue Fall
Revenue is down for the last 3 quarters, 2.52K Cr → 2.46K Cr (in ₹), with an average decrease of 1.2% per quarter
Price Dip
In the last 6 months, MARICO stock has moved down by -6.2%
FII Holding Down
Foreign Institutions have decreased holdings from 25.69% to 25.54% in Mar 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 59.39% to 59.35% in Mar 2024 quarter
Marico Ltd in the last 5 years
Lowest (25.23x)
March 23, 2020
Today (44.99x)
April 25, 2024
Industry (75.21x)
April 25, 2024
Highest (64.75x)
September 13, 2021
Funds | Holdings |
UTI Flexi Cap Fund - Growth Option - Direct | 0.96% |
Franklin India Flexi Cap Fund Direct Growth | 1.39% |
DSP ELSS Tax Saver Fund Direct Plan Growth | 1.14% |
UTI Value fund Fund-Direct Growth Option | 1.04% |
Franklin India ELSS Tax Saver Fund Direct Growth | 1.45% |
Investors | Holdings % | Prev. 1 periods | 3M 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 |
Technicals of Marico Ltd share
News & Events of Marico Ltd
Marico Ltd (MARICO) share price today is ₹516.85
Marico Ltd is listed on NSE
Marico Ltd is listed on BSE
PE Ratio of Marico Ltd is 44.99
PE ratio = Marico Ltd Market price per share / Marico Ltd Earnings per share
Today’s traded volume of Marico Ltd(MARICO) is 6.42L.
Today’s market capitalisation of Marico Ltd(MARICO) is ₹66018.6Cr.
Marico Ltd(MARICO | Price |
---|---|
52 Week High | ₹595 |
52 Week Low | ₹474.5 |
Marico Ltd(MARICO) share price is ₹516.85. It is down -13.13% from its 52 Week High price of ₹595
Marico Ltd(MARICO) share price is ₹516.85. It is up 8.93% from its 52 Week Low price of ₹474.5
Marico Ltd(MARICO | Returns |
---|---|
1 Day Returns | 6.75% |
1 Month Returns | 2.74% |
3 Month Returns | -1.25% |
1 Year Returns | 2.66% |