JM Financial recommended hold rating on Marico with a target price of Rs 330 in its research report dated October 30, 2017.
Reliance Securities is bullish on Marico has recommended buy rating on the stock with a target price of Rs 351 in its research report dated October 31, 2017.
The company has embarked upon a 10 percent price hike since the start of the current quarter. And, therefore, it remains to be seen if the company is able to sustain its market share going forward.
Saugata Gupta, MD & CEO, Marico said they are confident of delivering 8-10 percent volume growth in second half (H2).
Liquor and fast moving consumer goods (FMCG) earnings remain in focus. In an interview to CNBC-TV18, Abneesh Roy of Edelweiss Securities shared his take on the sector.
Marico moved upwards after taking support of prior reversal point and later the stock rose to 2 week high.
In an interview to CNBC-TV18, Harsh Mariwala, Chairman of Marico gave an update on how the company is faring post goods and services tax (GST) and what is the growth outlook.
Sandeep Wagle of powermywealth.com advises buying Reliance Industries and Marico.
Edelweiss is bullish on Marico has recommended buy rating on the stock with a target price of Rs 368 in its research report dated 11 September 2017.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Wockhardt and sell Tech Mahindra and Indian Oil Corporation.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bharat Electronics, Kajaria Ceramics and RBL Bank and sell Marico.
Mitessh Thakkar of miteshthacker.com recommends buying Jet Airways and Marico.
Manoj Murlidharan of Religare Securities suggests buying JSW Energy, Larsen and Toubro and Marico.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Hero MotoCorp, L&T Finance Holdings and Torrent Power and sell Apollo Hospitals Enterprises and Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell DCB Bank and Tata Motors and can buy Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, BEML, Bajaj Finance and Indraprastha Gas and sell Indo Count Industries.
Edelweiss is bullish on Marico has recommended buy rating on the stock with a target price of Rs 344 in its research report dated August 2, 2017
A lot of fast moving consumer goods (FMCG) earnings have been in the news over the last few days. Big disappointments coming in from Godrej Consumer Products (GCPL), Marico and yesterday there was that howler from Emami. Today, we are awaiting numbers from Colgate Palmolive (India) and alarm bells have already been sounded by Patanjali announcing market share gains in the toothpaste segment. In an interview to CNBC-TV18, Naveen Kulkarni, Co-Head of Research at PhillipCapital shared his reading and outlook on the same.
ICICI Direct recommended hold rating on Marico with a target price of Rs 340 in its research report dated August 02, 2017.
Ashwani Gujral of ashwanigujral.com suggests buying Balrampur Chini, Motherson Sumi Systems and GSFC.
The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
According to Rajat Bose of rajatkbose.com, one can buy Balkrishna Industries, Marico, TVS Motor and Kaveri Seed Company.
Mitessh Thakkar of mitesshthakkar.com recommends buying Bajaj Finserv, Muthoot Finance, HPCL, NCC and Future Consumer.
Shahina Mukadam, Independent Market Expert is of the view that one may prefer Dabur India and Marico.
Mitessh Thakkar of mitesshthakkar.com suggests buying Apollo Tyres, Ceat, Adani Ports, Bharti Infratel and Maruti Suzuki.