Page 2 - Marico

Marico's India business to see high single-digit volume growth in Q2

It also said that consolidated revenue growth on a year-on-year basis will touch the thirties on the back of pricing interventions and mix improvement, which will help Marico close the first half

Nomura prefers Marico, Tata Consumer, Britannia; sees price hikes in Q4FY26

In the year-to-date (Y-T-D) period, the Nifty FMCG index has lost 3 per cent, as compared to a rise of around 4 per cent in the Nifty 50, Bloomberg data shows

September quarter set for GST hiccups, analysts back HUL, Britannia, Marico

Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.

ITC, Nestle, HUL: Charts show 5 FMCG stocks on verge of fall; strategy here

Technical charts show that FMCG shares - ITC, HUL, Nestle India, Colgate-Palmolive and Marico were trading near key support levels; a downside breakout can trigger a fall up to 13% from here.

I-T dept conducts survey op against Marico Group over alleged tax evasion

The Income Tax Department on Wednesday conducted a survey operation at various business premises of the Marico group on charges of tax evasion, official sources said. The action is being undertaken by the Mumbai investigation wing of the department. The tax department teams are scrutinising financial documents and transactions of the company as part of a tax evasion probe, they said. The company could not be contacted immediately for a comment on the I-T action. Marico is one of India's leading consumer goods companies operating in the global beauty and wellness categories. As per a company statement, during the 2024-25 fiscal it recorded a turnover of USD 1.3 billion through its products sold in India and chosen markets in Asia and Africa. As part of a survey operation, the tax department makes a surprise visit at the business premises of the entity under investigation.

Stocks to watch today, Sep 12: Infosys, SBI, NBCC, Marico, RailTel, IOB

Stocks to watch on September 12: M&M, JSW Energy, GMR Power, Marico, JBM Auto, NLC India and JTL Industries among other stocks to track today.

Motilal Oswal upgrades Colgate to 'Buy'; HUL, Marico top picks amid GST 2.0

Motilal Oswal continues to favour leading staples companies, including HUL, GCPL and Marico, as beneficiaries of renewed consumption momentum.

GST cut to boost FMCG demand; Britannia, Nestle among top Nomura picks

The GST Council has the rates on several staple and essential categories from 18 per cent to 5 per cent

Nomura bets on Marico, Tata Consumer, Britannia on hopes of margin boost

Brokerage expects gross-profit-margin (GPM) improvement in Q2FY26 but warns that month-on-month raw-material (RM) upticks could revive price hikes from Q4

Looking for stock ideas? Marico, Blue Star among key bets; here's why

Blue Star stock has demonstrated a robust move in the last couple of trading weeks and has witnessed a 'Cup and Handle' pattern breakout on the daily chart.

Nykaa, Aadhar Housing, Marico top stock calls today; check levels here

Ruchit Jain, head of equity technical research, wealth management at Motilal Oswal Financial Services has recommended buying Nykaa, Aadhar Housing Finance, Marico stocks today

Stocks to buy today, Aug 21: Exide, Marico, NTPC among analyst top picks

Ajit Mishra, Senior Vice President - Research at Religare Broking, has recommended buying shares of NTPC, Exide Industries, and Marico today

Motilal Oswal sector of the week: FMCG; check top stock picks, targets

With inflation easing, borrowing costs falling, and recent income tax relief bolstering household savings, a clearer turnaround is expected in the second half of the fiscal year

GST 2.0 to boost consumption, says Motilal Oswal; favours HUL, GCPL, Marico

Prime Minister Narendra Modi's announcement about the rationalisation of GST rates and the simplification of the rate structure will further accelerate the consumption revival, believes Motilal Oswal

Food biz may be bigger than edible oil in 3-4 years, says Marico MD

Marico Ltd, which is expanding into the healthy food segment with Saffola brand, expects its food business to surpass the edible oil vertical, said the company's Managing Director and Chief Executive Officer Saugata Gupta. Marico, whose foods business has crossed the Rs 900 crore-mark in FY25, is expanding in the segment by introducing Saffola oats, honey, and snacks, among other products, in the fast-growing wellness space. The home-grown FMCG major, which also operates with brands like 'True Elements' and the plant-based nutrition portfolio of Plix, sees a significant opportunity for expansion of TAM (Total Addressable Market), he said. "As far as Saffola is concerned, we continue to grow the foods franchise. And the food franchise is more profitable than the edible oil. The food business does involve a significant TAM expansion," Gupta told PTI. For Saffola oats and masala oats, there is a room to improve penetration, distribution, and it needs to be ramped up further with ...

Marico aims double-digit growth in Indian business from Q2, says MD

Home-grown FMCG maker Marico expects to deliver double-digit growth in the next one or two quarters in the domestic market, helped by its core franchises and expansion of new businesses, its Managing Director and Chief Executive Officer Saugata Gupta said. The company, which reported a 9 per cent rise in domestic volumes, now aims for a revenue growth of around 25 per cent this year, led by pricing actions, Gupta told PTI. "As far as overall revenue is concerned, we should be able to deliver in the mid-20s to around 25 per cent this year, given the pricing initiation," he said. Marico, which owns brands like Saffola, Parachute, and Livon, has "consistently improved volumes in sequential terms, Gupta added. "This (June) quarter, India Volume growth was up 9 per cent. So, high single-digit volume growth is possibly a base case for us. We will attempt to deliver double-digit growth in one or two quarters, which would be a great thing to do," he noted. While for its international ...

Marico top-line outlook strong but margin worries weigh on profits

Despite the pressures on profitability most brokerages expect the company to post a double digit revenue growth and a gradual easing of cost inflation towards the end of the year

Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag

Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.

Marico shares slip 2% in trade; Is it a buying opportunity post Q1?

Marico shares slipped 1.8 per cent in trade, logging an intra-day low at ₹709.7 per share on BSE after posting Q1 results

Nomura's top FMCG picks: GCPL, Marico, Tata Cons to gain from rural revival

With the 2025 monsoon tracking above normal and kharif sowing gaining momentum, the brokerage expects these FMCG names to benefit from a broad-based recovery in volumes.