Marico

Safe stock

Posted by : vorarinay
Price when posted : BSE: Rs 59.85 ( 0.34 % ), NSE: Rs. 60.05 ( 0.42 % )

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this stock looks good for sharp jump in ST. ...

Good break out

Posted by : vorarinay
Price when posted : BSE: Rs 59.85 ( 0.34 % ), NSE: Rs. 60.05 ( 0.42 % )

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With today's huge volume and heavy delivery confirms sharp increase in price from present level. take position for big profit in next week.
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BSE Announcements on Marico

Posted by : MMB Messenger
Price when posted : [Marico - BSE:Rs. 59.25 NSE:Rs. 59.40 when posted]

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Marico Ltd has informed BSE that the Company has designated the e-mail ID milinvrel@maricoindia.net for the grievance redressal division/compliance officer exclusively for the purpose of registering complaints by investors....

BSE Announcements on Marico

Posted by : MMB Messenger
Price when posted : [Marico - BSE:Rs. 61.65 NSE:Rs. 61.75 when posted]

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Marico Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the Company was held on July 24, 2008....

NSE Announcements on Marico

Posted by : MMB Messenger
Price when posted : [Marico - BSE:Rs. 60.00 NSE:Rs. 60.35 when posted]

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Marico Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Raw material/margin pressure

Posted by : valueseek
Price when posted : BSE: Rs 61.25 ( -2.31 % ), NSE: Rs. 61.65 ( -1.67 % )

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Both rising RM prices and ongoing Kaya rollout will put pressure on margings.
IDFC report below. It may be better to wait for a better entry price.



Marico (CMP: Rs57)
Mkt Cap: Rs34.7bn; US$807m Bloomberg code (MRCO IN)
Ahead of our expectations Marico has reported a robust 28% growth in sales at Rs6bn in Q1FY09. Revenue growth was driven by 15% organic volume growth and 3% from inorganic growth, with price-hikes contributing the remaining 10%. EBITDA for the quarter came at Rs757m and net profits stood at Rs463m (15% yoy growth). EBITDA margins for the quarter (12.6%) decreased by 148bps as the company faced the brunt of raw material price increases (up 32%) especially copra prices that have increased 30% yoy. Additionally, personnel costs (up 26%) and advertising costs (up 39%) also contributed to the contraction in margins. During the quarter, sales from Kaya Clinics grew by 62% at Rs360m and international business grew by 37%.
We continue to like Marico's business model as it transitions from a pure FMCG company to one with multiple growth avenues in the form of Kaya Clinics and additional triggers in the form of its overseas acquisitions. However, we believe operating margins will continue to be under pressure as the core operations of oils will be impacted by higher input costs (copra prices up nearly 30% yoy) and the costs related to the expansion of the Kaya franchise. As Marico's key brands like Parachute (8% volume growth in Q1FY09) and Saffola (28% volume growth in Q1FY09) maintain their growth traction and the company enhances its portfolio (personal products, functional foods) as also Kaya (80 clinics by end of FY09) and international business grow, we are confident that Marico will report a 19% CAGR in revenues. However, higher raw material expenses and costs related to Kaya would mean margin growth would be subdued. Additionally, higher interest costs due to the higher debt obligations to fund international acquisitions would also imply muted profit growth. At 18.6x FY09E and 14.7x FY10E earnings, reiterate Neutral with a price target of Rs66.



IDFC - SSKI Research
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Marico crazy at 62.95

Posted by : zoombusiness
Price when posted : BSE: Rs 62.60 ( 6.73 % ), NSE: Rs. 62.70 ( 6.54 % )

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Marico crazy at 62.95
-s and m ...

marico hits 62.90.......zooming

Posted by : 9975797577
Price when posted : BSE: Rs 62.70 ( 6.91 % ), NSE: Rs. 62.40 ( 6.03 % )

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marico is on a roll.......looks extremely good...........this stock is appearing very health and sweet it seems for investors for next week.........70 around...

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PJ...

Maricoooo Zoom now at 62.9

Posted by : zoombusiness
Price when posted : BSE: Rs 62.30 ( 6.22 % ), NSE: Rs. 62.80 ( 6.71 % )

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Maricoooo Zoooooooooming 62.9 call given before one hour...

Buy Positional Marico Ltd

Posted by : zoombusiness
Price when posted : BSE: Rs 61.75 ( 5.29 % ), NSE: Rs. 61.80 ( 5.01 % )

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Buy Positional Marico Ltd 61.5-61.9 tgt 62.7 , 63 , 65 sl 58.9
Marico looks very good to buy and sell next week .....trading around 61 at present is looking to go towards 70 + levels in short time......People who love FMCG similar sectors......can go long in this counter......
Sk/ Stoxandmore
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Marico on Charts

Posted by : 9975797577
Price when posted : BSE: Rs 61.50 ( 4.86 % ), NSE: Rs. 61.75 ( 4.93 % )

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Marico looks very good to buy and sell next week .....trading around 61 at present is looking to go towards 70 levels in short time......People who love FMCG similar sectors......can go long in this counter.........