Page 9 - Marico

Vote against reappointment of Harsh Mariwala: SES to Marico's shareholders

Seeks approval for revision in remuneration payable to Marico's cost auditors

Marico's D2C brands have grown to Rs 500 cr business, says Mariwala

Marico, which has three D2C (direct to consumer) brands in its fold, now sees business worth Rs 500 crore from these internet-first FMCG offerings, the company's Chairman Harsh Mariwala said

ITC can double from current levels; HUL, Marico may hit new highs

The current chart formation is akin to 2011, provided ITC ends August on a positive note. Post which, the stock can potentially double from current levels.

Marico sees better margin in H2FY23 on likely cooling of commodity prices

FMCG firm Marico expects demand and margin trends to improve towards second half of FY23 on likely easing of crude and edible oil prices in next few months, said the latest annual report

Muted Q1 may cap upsides in Marico stock as leading brands underperform

The underperformance for the owner of Parachute and Saffola brands could continue as the June quarter operational performance for the India market was below expectations

5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever

Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.

Marico's India business volume declines in mid-single-digits in Q1

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

Marico reports mid-single-digit volume decline in domestic mkt in Apr-Jun

Marico reported a volume decline "in mid-single digits" in its India business, as the sector continued to witness "tepid demand" as rising retail inflation exerted pressure on the share of wallet

Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants

Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i

Marico acquires 54% stake in breakfast & snacks brand True Elements

FMCG major Marico on Monday said it has acquired a majority 54 per cent stake in the digital-first healthy breakfast and snacks brand True Elements for an undisclosed amount.

Marico chief Harsh Mariwala is the EY Entrepreneur of the Year

Mariwala will represent India at the EY World Entrepreneur of the Year Award to be held in June

Uncertain growth outlook may be a drag on Marico in the near term

Stable price outlook for inputs such as copra, however, is a positive

Uncertain growth outlook across key categories may be a drag on Marico

However, some brokerages are cautious about growth trends though the company is better placed than peers on the raw material front

Marico Q4 net profit rises 13.2% to Rs 257 cr; revenue up by 7.4%

FMCG firm Marico Ltd on Thursday reported a 13.21% rise in consolidated net profit to Rs 257 crore for the fourth quarter ended March 2022.

Marico expects low single-digit growth in India revenue in Q4 FY22

FMCG major Marico said its domestic business in the January-March quarter stayed relatively firm, helped by "low single-digit" revenue growth and marginally positive volumes.

Marico better placed than peers on costs amid commodity surge

Lower copra costs and price cuts to aid volumes and margins

Entrepreneurs to take country to higher growth, prosperity: Marico chairman

Entrepreneurs will lead the country to higher growth and prosperity, Marico Chairman Harsh Mariwala opined and suggested businesses to adopt a transformative 'digital approach' for sustainable growth.

Here is a derivative strategy on Marico by Nandish Shah of HDFC Securities

The stock price of Marico has broken out from the flag pattern on the daily chart

Marico Ltd plans to achieve net-zero emissions in global operations by 2040

The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda

Marico's Q3 net profit rises 1.6% to Rs 317 cr; sales jumps 13.4%

Marico's total expenses in the December 2021 quarter stood at Rs 2,022 crore, up 15.4% as against Rs 1,752 crore a year ago