Marico Q2 PAT seen up 13% YoY to Rs. 285.8 cr: ICICI Direct

Net Sales are expected to increase by 7.5 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs. 1,966.2 crore, according to ICICI Direct.

Delivering the goods: How companies are forming unusual partnerships to connect with customers

FMCG companies ITC, Marico and Godrej Consumer Products have partnered with delivery services Zomato, Swiggy, Dunzo and Scootsy. Car rental firm Zoomcar and Uber have tied up online grocers for deliveries. Meanwhile Adidas has tied up with MacDonald’s for a sneaker range and Dabur has partnered SIS for personal protective equipment

Hold Marico; target of Rs 350: Emkay Global Financial

Emkay Global Financial recommended hold rating on Marico with a target price of Rs 350 in its research report dated October 06, 2020.

Covid impact: Marico counting on Saffola to take its food business past the Rs 500 crore mark

The FMCG firm expects the heightened focus on health and surge in sales of ready-to-cook and ready-to-eat products to drive growth in the coming years

Dabur vs Marico: Well-oiled Ayurvedic fight

The pandemic, reckon branding and marketing experts, has made brands promiscuous.

Buy Marico; target of Rs 420: Sharekhan

Sharekhan is bullish on Marico has recommended buy rating on the stock with a target price of Rs 420 in its research report dated September 14, 2020.

Accumulate Marico; target of Rs 364: Dolat Capital

Dolat Capital recommended accumulate rating on Marico with a target price of Rs 364 in its research report dated August 13, 2020.

These are the highest-paid FMCG CEOs in India

Sanjiv Mehta of Hindustan Unilever still tops the list. Marico’s Saugata Gupta gets the highest hike in FY19-20. We take a look at the salaries of the top executives of FMCG companies.

FMCG Q1 Review: The quarter of health and hygiene products

There was a rising trend of ‘at-home’ as opposed to ‘out-of-home’ consumption. Apart from a thrift mindset, consumers were preferring larger pack formats as they seek to reduce the frequency of purchase

Accumulate Marico; target of Rs 364: Dolat Capital

Dolat Capital recommended accumulate rating on Marico with a target price of Rs 364 in its research report dated July 27, 2020.

Reduce Marico; target of Rs 351: HDFC Securities

HDFC Securities recommended reduce rating on Marico with a target price of Rs 351 in its research report dated July 28, 2020.

Accumulate Marico; target of Rs 391: Arihant Capital

Arihant Capital recommended accumulate rating on Marico with a target price of Rs 391 in its research report dated July 28, 2020.

Hold Marico; target of Rs 355: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on Marico with a target price of Rs 355 in its research report dated July 27, 2020.

Buy Marico; target of Rs 405: Motilal Oswal

Motilal Oswal is bullish on Marico recommended buy rating on the stock with a target price of Rs 405 in its research report dated July 27, 2020.

Hold Marico; target of Rs 380: ICICI Direct

ICICI Direct recommended hold rating on Marico with a target price of Rs 380 in its research report dated July 28, 2020.

Buy Marico; target of Rs 420 : Sharekhan

Sharekhan is bullish on Marico has recommended buy rating on the stock with a target price of Rs 420 in its research report dated July 27, 2020.

FMCG companies go digital, will the distributor be latest victim of coronavirus?

Online stores, ecommerce platforms and tie-ups with delivery startsup, FMCG companies are changing the way they make their products available to consumers.

Marico Standalone June 2020 Net Sales at Rs 1,516.00 crore, down 14.69% Y-o-Y

Marico Consolidated June 2020 Net Sales at Rs 1,925.00 crore, down 11.13% Y-o-Y

Hair oil or edible oil? How Marico products fared amid COVID-19 slowdown

The company gained market share in more than 90 percent of the portfolio, with Saffola Oils and Foods category leading the way.

Marico Q1 beats estimates, profit jumps 23% to Rs 388 crore

Consolidated revenue declined 11.1 percent year-on-year to Rs 1,925 crore hit by lockdown.

Marico Q1 PAT may dip 7.9% YoY to Rs. 300 cr: HDFC Securities

Net Sales are expected to decrease by 13.9 percent Y-o-Y (up 24.6 percent Q-o-Q) to Rs. 1,860 crore, according to HDFC Securities.

Marico appoints Pawan Agrawal as new CFO after Vivek Karve steps down

The board of the company in a meeting held on Thursday has accepted the resignation of Karve, who was associated with Marico from last 20 years.

FMCG companies need to raise their ad spend from September, say brand experts

For most FMCG companies, a large part of the decline came in the second half of March due to a nationwide lockdown to contain the COVID-19 pandemic.

Marico's June quarterly results will be severely hit by the lockdown

Operating margin for the June 2020 quarter is likely to see some improvement year on year