NIFTY 50

Moneycontrol Pro Ideas For Profit: Here’s why Marico is in focus

Updated : December 30, 2020 11:36:41 IST

Marico industries generate nearly 77 percent of its revenues from India and the rest comes from Bangladesh, Middle-east, and Africa. In terms of market share, it has nearly 65 percent market share in coconut hair oil, 70 percent market share in value-added hair oil, and nearly 75 percent market share in refined premium edible oil.

In the September quarter, it showed a volume growth of 11 percent on the back of Parachute, Saffola, and value-added hair oil.

Moneycontrol.com’s Nandish Shah gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.

Watch the video for more
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you