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NSE:MARICO

7 stories mentioning NSE:MARICOUpdated just now

Every FINWIRES story that references NSE:MARICO, newest first.

Asia

Marico Completes Integration of Zed Business

Marico (NSE:MARICO, BOM:531642) has completed the integration of Zed's business into the company following the transfer of its entire business undertaking.The transfer took effect on June 29 as part of an intra-group restructuring, according to a same-day stock exchange filing. The process will conclude after the National Company Law Tribunal approves the dissolution of Zed.Marico shares rose nearly 2% in recent trade.

BOM:531642NSE:MARICO
Asia

Marico Forays into Hair Cleansing Segment with Parachute Advansed Protein Shampoo

Personal care products company Marico (NSE:MARICO, BOM:531642) has forayed into the hair cleansing category with the launch Parachute Advansed Protein Shampoo, according to a filing to the Indian stock exchanges.Shampoos are available in multiple sizes in physical stores and online, the filing said.The company's shares were up nearly 1% in recent trade.

BOM:531642NSE:MARICO
Research

Axis Capital Upgrades Marico to Add from Reduce; Price Target is INR880

Marico (NSE:MARICO, BOM:531642) has an average rating of buy and mean price target of 884.25 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:531642NSE:MARICO
Research

Arihant Capital Downgrades Marico to Accumulate from Buy; Price Target is INR920

Marico (NSE:MARICO, BOM:531642) has an average rating of buy and mean price target of 881.84 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:531642NSE:MARICO
Asia

Nomura Adjusts Marico's Price Target to INR950 From INR900, Keeps at Buy

Marico (NSE:MARICO) has an average rating of overweight and mean price target of 875.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:531642NSE:MARICO
Asia

Jefferies Adjusts Marico's Price Target to INR960 From INR900, Keeps at Buy

Marico (NSE:MARICO, BOM:531642) has an average rating of overweight and mean price target of 875.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:531642NSE:MARICO
Asia

Marico's Consolidated Net Profit in Fiscal Q4; Shares Up 3%

Marico's (NSE:MARICO, BOM:531642) consolidated net profit rose to 3.91 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.43 billion rupees a year ago.Earnings per share came in at 3.03 rupees from 2.65 rupees a year earlier, the fast-moving consumer goods company said in a filing to the Indian stock exchanges on Tuesday.Revenue from operations in fiscal Q4 also increased to 33.3 billion rupees from 27.3 billion rupees a year ago.Marico's board recommended final equity dividend of 4 rupees per equity share of 1 rupee each, to be paid by Sept. 5.The company's shares were up nearly 3% in recent trade.

BOM:531642NSE:MARICO

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