INSUBCONTINENT EXCLUSIVE:
ICICIdirect.com has buy call on Marico with a target price of Rs 326.4
The current market price of Marico Ltd
is Rs 320.9.Time period given by analyst is Intra Day when Marico Ltd
price can reach defined target
ICICIdiect recommended to keep stoploss at Rs 317.4
Marico Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 41327.02 Crore) operating in Personal Care
key Products/Revenue Segments include Edible Oil which contributed Rs 2805.62 Crore to Sales Value (58.93 % of Total Sales), Hair Oil which
contributed Rs 1301.89 Crore to Sales Value (27.34 % of Total Sales), Personal Care which contributed Rs 357.58 Crore to Sales Value (7.51 %
of Total Sales), Others which contributed Rs 164.12 Crore to Sales Value (3.44 % of Total Sales), Oil Seeds which contributed Rs 114.17
Crore to Sales Value (2.39 % of Total Sales), Export Incentives which contributed Rs 10.63 Crore to Sales Value (0.22 % of Total Sales),
Scrap which contributed Rs 6.36 Crore to Sales Value (0.13 % of Total Sales)for the year ending 31-Mar-2017
