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Business Standard

Adani Wilmar sees Q2 standalone revenue to rise 16% on higher sales volumes

Rival Marico, which makes the "Parachute" coconut oils, said on Wednesday it expects Q2 consolidated revenue to grow in the high single-digit percentage range

Business Standard

Adani Wilmar sees Q2 standalone revenue to rise 16% on higher sales volumes

Rival Marico, which makes the "Parachute" coconut oils, said on Wednesday it expects Q2 consolidated revenue to grow in the high single-digit percentage range

The Economic Times

Share price of Marico jumps as Sensex drops 779.61 points

A total of 47,738 shares changed hands on the counter till 10:14AM (IST)

The Economic Times

Marico Ltd reports mid-single-digit volume growth

Marico Ltd has reported mid-single-digit volume growth in its domestic business for the quarter ended September 2024, with rural demand outperforming urban. Parachute Coconut Oil saw double-digit revenue growth due to price hikes, while Saffola Oils had low-single-digit revenue growth. Marico’s international business reported positive contributions from all overseas markets.

Business Line

Marico expects mid-single-digit volume growth in Q2

The company’s Bangladesh business which was impacted due to the turmoil posted high-single-digit growth.

Business Standard

Consolidated revenue growth in Q2 remained in high single-digits: Marico

FMCG firm Marico Ltd on Wednesday said its consolidated revenue growth in the July-September quarter remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets during the second quarter of the ongoing fiscal. In its update for the second quarter filed on bourses, Marico said the sector witnessed stable demand trends with rural outperforming urban on a year-on-year basis for the third quarter in a row. "Consolidated revenue growth remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets. We expect consolidated revenue growth to move into double-digits in the second half of the year," the company said. Marico said it expects to "deliver double-digit revenue growth in this year". "In view of the higher-than anticipated degree of inflation in copra prices, sharp import duty hike in vegetable oils and ...

The Economic Times

Shares of Marico fall as Nifty drops

On the technical charts, the 200-day moving average of the stock stood at Rs 584.88.

The Economic Times

Marico shares up 1.62% as Nifty gains

The stock quoted a 52-week high price of Rs 713.6 and low of Rs 486.75.

The Economic Times

Marico shares drop 2.64% as Sensex falls

On the technical charts, the RSI of the stock stood at 53.23.

The Economic Times

Marico shares fall 0.84% as Nifty gains

The stock quoted a 52-week high price of Rs 710.3 and a 52-week low of Rs 486.75.

The Economic Times

Share price of Marico falls as Sensex gains 274.94 points

Promoters held 59.28 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 24.61 per cent and 5.04 per cent, respectively.

The Economic Times

Share price of Marico rises as Nifty strengthens

A total of 26,347 shares changed hands on the counter till 01:24PM (IST).

The Economic Times

Marico shares fall 0.62% as Nifty gains

The stock quoted a 52-week high price of Rs 705.15 and a 52-week low of Rs 486.75.

The Economic Times

Marico shares up 0.17% as Sensex rises

A total of 26,379 shares changed hands on the counter till 11:26AM (IST)

CNBC TV18

Analysts recommend buying Marico, Crompton, Tata Consumer, UBL and Shriram Finance for today's trade

On Tuesday, market tech analysts Apurva Sheth, Mitessh Thakkar and Shilpa Rout recommended these stocks for the short term.

The Economic Times

Marico shares drop 0.92% as Sensex falls

A total of 8,196 shares changed hands on the counter till 01:33PM (IST)

Business Standard

Marico Ltd soars 0.67%, up for fifth straight session

Marico Ltd is quoting at Rs 685, up 0.67% on the day as on 12:44 IST on the NSE. The stock is up 17.42% in last one year as compared to a 24.58% spurt in NIFTY and a 24.23% spurt in the Nifty FMCG.

The Economic Times

Marico shares gain 0.55% as Sensex rises

The stock quoted a 52-week high of Rs 692.7 and a 52-week low of Rs 486.75.

The Economic Times

Marico shares up 0.96% as Nifty gains

A total of 24,094 shares changed hands on the counter till time (IST).

Mint

Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 9

Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Marico, Tata Technologies, and La Opala.

Mint

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Sept 9

Buy or sell stocks: Sumeet Bagadia has recommended three stocks to buy on Monday — Hero MotoCorp, Marico Industries, and Bajaj Finance

The Economic Times

Marico stock price down 0.74 per cent as Sensex slides

As of 30-Jun-2024, promoters held 59.28 per cent stake in the company, while FIIs held 24.61 per cent and domestic institutional investors had 5.04 per cent.

Business Line

Marico launches Saffola Masala Millets to expand health-focused product line

Marico shares edge down on NSE

Business Line

CLSA upgrades Zomato, downgrades Marico and HUL amid quick commerce boom

CLSA has issued a new set of recommendations for key stocks in the consumer sector, influenced by the rapid rise of quick commerce.

The Economic Times

Marico shares gain 0.1% as Sensex rises

A total of 22,712 shares changed hands on the counter till 12:48PM (IST)

The Economic Times

Marico shares fall 1.55% as Nifty gains

A total of 39,660 shares changed hands on the counter till time (IST).

The Economic Times

Marico declines 0.82% as Sensex climbs

The stock traded at a P/E multiple of 57.01, while the price-to-book value ratio stood at 16.73.

The Economic Times

Marico shares down 1.42% as Nifty gains

The stock quoted a 52-week high price of Rs 690.95 and low of Rs 486.75.

The Economic Times

Marico shares gain 0.26% as Sensex rises

The stock quoted a 52-week high of Rs 666.85 and a 52-week low of Rs 486.75.

The Economic Times

At FMCG box office, rural to script summer blockbuster

This is in sharp contrast to the last two years, when fast-moving consumer goods (FMCG) companies such as ITC, Dabur, Marico, Britannia, Parle Products, Emami and Hindustan Unilever had been focused mainly on premiumisation with demand turning sluggish in villages as the rise in prices of daily essentials, vegetables and fuel had forced consumers to cut down on spending. In the last two years, more than 60% of launches by large FMCG companies have been in the premium segment.

The Economic Times

ITC, Marico among 5 stocks with long buildup

A long buildup in the Futures and Options segment occurs when there is a simultaneous increase in open interest, trading volumes, and the price of the underlying stock, signaling a bullish trend in the market.

Business Line

Fund houses’ latest recommendations: Positive outlook across sectors

Fund houses have recently issued varied recommendations across sectors, highlighting positive outlooks for stocks like Bajaj Auto, Reliance Industries, and Marico with buy ratings and upward target price revisions.

Business Standard

FMCG makers expect single-digit revenue growth, margin improvements in Q1

Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico and Adani Wilmar in their latest quarterly updates have reported a "gradual improvement" in demand trends in the April-June quarter, which was on the expected lines. Home-grown FMCG maker Dabur expects to register mid to high single-digit growth in its consolidated revenue, supported by mid-single-digit volume growth in the domestic market. Marico said its consolidated revenue grew in high single digits in the June quarter, while the domestic business posted a "modest uptick in underlying volume growth" on a sequential basis. Adani Wilmar, which sells edible oils and has some play in the food products under Fortune brands, has also reported an overall 13 per cent volume growth in the June quarter. Its food and FMCG business volum

Mint

Q1 results preview: FMCG sector may see improving volume and value growth trends amid demand recovery

Q1 results preview: Hindustan Unilever (HUL) is expected to report flat revenues, while improving growth trend from Marico and Britannia Industries and a mixed bag performance from Godrej Consumer Products and Tata Consumer Products are estimated.

The Economic Times

Marico shares up 0.07% as Nifty gains

A total of 17,788 shares changed hands on the counter till 12:18PM (IST).

The Economic Times

Kaya shares surge 10% after it announces collaboration with Marico

Shares of Kaya rose 10% to Rs 501.45 on BSE after announcing a collaboration with Marico, whose shares traded flat at Rs 608.15. The collaboration aims to market 75+ science-based personal care products, leveraging channels for wider reach. CEOs Rajiv Suri and Saugata Gupta emphasize growth, market expansion, and long-term consumer satisfaction.

Business Line

Stocks that will see action today July 4

Buzzing stocks: Kaya, Marico, HCL Tech, Brigade, GE T&D, Alfa Transformers, Coal India, Suraj Estates, Vedanta

Business Line

Marico, Kaya to collaborate for sales

To leverage the established expertise and capabilities of both companies

Business Line

Marico uses AI to introduce product in overseas market

The international business comprises 26 per cent and has delivered a healthy growth rate in the last three to four years for the company