Company Profile

MARICO LTD.

NSE : MARICOBSE : 531642ISIN CODE : INE196A01026Industry : Consumer FoodHouse : Marico
BSE366.252.55 (+0.7 % )
PREV CLOSE (Rs.) 363.70
OPEN PRICE (Rs.) 367.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 176493
TODAY'S LOW / HIGH (Rs.)362.55 367.70
52 WK LOW / HIGH (Rs.)233.8 403.7
NSE366.10 2.05 (+0.56 % )
PREV CLOSE(Rs.) 364.05
OPEN PRICE (Rs.) 367.20
BID PRICE (QTY) 366.10 (147 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2575663
TODAY'S LOW / HIGH(Rs.) 362.30 368.75
52 WK LOW / HIGH (Rs.)234 404

Company News

Date Heading Details
07-Aug-2020 Marico launches protect range of surface disinfectant sprays <P align=justify>Marico has launched protect range of surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after COVID-19. Besides, the company will also partner with housing finance company HDFC and cab aggregator Ola to help them continue to offer safe services. Ola will provide The protect range to the driver-partners and it will be used by them to disinfect commonly used surfaces like seat, inner panel, handles, etc before every ride. While HDFC will use it to safeguard their customers and employees in offices across India.<P align=justify>Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<BR>
07-Aug-2020 Marico inches up on launching protect range of surface disinfectant sprays <p align="justify">Marico is currently trading at Rs. 370.10, up by 0.75 points or 0.20% from its previous closing of Rs. 369.35 on the BSE.</p><p align="justify">The scrip opened at Rs. 369.95 and has touched a high and low of Rs. 371.90 and Rs. 365.40 respectively. So far 41824 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 403.70 on 25-Sep-2019 and a 52 week low of Rs. 233.80 on 24-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 373.50 and Rs. 361.50 respectively. The current market cap of the company is Rs. 47834.57 crore.</p><p align="justify">The promoters holding in the company stood at 59.62%, while Institutions and Non-Institutions held 33.70% and 6.60% respectively.</p><p align="justify">Marico has launched protect range of surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after COVID-19. Besides, the company will also partner with housing finance company HDFC and cab aggregator Ola to help them continue to offer safe services. Ola will provide The protect range to the driver-partners and it will be used by them to disinfect commonly used surfaces like seat, inner panel, handles, etc before every ride. While HDFC will use it to safeguard their customers and employees in offices across India.</p><p align="justify">Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<br></p>
25-Jul-2020 Marico informs about compliance certificate <p align="justify">Pursuant to Regulation 74(5) of the SEBI Regulation, Marico has informed that it has enclosed the Compliance Certificate received from Link Intime India, the Registrar and Share Transfer Agent of the Company, for the quarter ended June 30, 2020.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
01-Jul-2020 Marico acquires balance stake of 55% in Zed Lifestyle <p align="justify">Marico has acquired the balance equity stake of 55% in Zed Lifestyle (Investee Company) from its existing shareholders on June 30, 2020. The investment makes the Investee Company a wholly owned subsidiary of Marico and gives Marico a complete control over the operations of the Investee Company. </p><p align="justify">Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<br></p>
01-Jul-2020 Bharti Airtel, JSPL and Hero MotoCorp to see some action today <p align="justify"><strong>Bharti Airtel</strong> and Comfort Investments II, an affiliated entity of CAP V Mauritius, an investment fund managed and advised by affiliated entities of The Carlyle Group (together Carlyle), have entered into an agreement under which Comfort Investments II will invest $235 million in Nxtra Data, a wholly owned subsidiary of Bharti Airtel engaged in the data centre business. The post-money enterprise valuation of Nxtra is approximately $1.2 billion and Carlyle will hold a stake of approximately 25% in the business upon completion of the transaction, with Airtel continuing to hold the remaining stake of approximately 75%.</p><p align="justify"><strong>Jindal Steel &amp; Power's</strong> (JSPL) subsidiary--Jindal Steel &amp; Power (Mauritius) (JSPML) has accepted a binding offer from Templar Investments to divest its entire stake in its Oman asset, Jindal Shadeed Iron and Steel Co LLC (JSIS Oman). The divestment is in line with JSPL's vision and commitment to continuously bring down its debt and deleverage its balance sheet. The enterprise value of the deal is over $1 billion.</p><p align="justify">Building on its focused strategy of creating a robust portfolio of premium products, <strong>Hero MotoCorp</strong> has commenced the dispatches of its eagerly-awaited new motorcycle – the Hero Xtreme 160R. Adding a striking and powerful new chapter to the popular premium brand Xtreme, the Xtreme 160R further strengthens Hero MotoCorp's presence in the premium motorcycle segment. With its successful XPulse and Xtreme motorcycle brands, the company is geared-up to make a compelling appeal to youth across the globe.</p><p align="justify"><strong>Marico</strong> has acquired the balance equity stake of 55% in Zed Lifestyle (Investee Company) from its existing shareholders on June 30, 2020. The investment makes the Investee Company a wholly owned subsidiary of Marico and gives Marico a complete control over the operations of the Investee Company. </p><p align="justify"><strong>Indiabulls Housing Finance</strong> has allotted 2,500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 250 crore, on a private placement basis. Date of Maturity of NCDs is December 30, 2021. The said NCDs are proposed to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. </p><p align="justify"><strong>Hindustan Zinc</strong> has set up an additional 10 million litres per day (MLD) sewage treatment plant to make Udaipur's lake and river free from pollution. The plant is commissioned and now producing treated water, which is being sent to Aayad river. The company had set up Udaipur's first sewage treatment plant (STP) under public-private-partnership model in 2014. Initially, this STP had a capacity to treat 20 million litres of sewage per day which was expanded by setting up another 25 MLD plant in FY'19, taking the capacity to a total of 45 MLD.</p><p align="justify"><strong>State Bank of India</strong> (SBI) has launched 'Yono' branches in select cities, aimed at driving adoption of digital banking among its customers. Yono is the lender's digital banking app. The bank has launched Yono branches in Navi Mumbai, Indore and Gurugram, one in each city, as part of its pilot.<br></p>
01-Jul-2020 Marico gains on acquiring balance stake of 55% in Zed Lifestyle <p align="justify">Marico is currently trading at Rs. 354.45, up by 2.65 points or 0.75% from its previous closing of Rs. 351.80 on the BSE.</p><p align="justify">The scrip opened at Rs. 355.00 and has touched a high and low of Rs. 356.00 and Rs. 352.25 respectively. So far 6970 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 403.70 on 25-Sep-2019 and a 52 week low of Rs. 233.80 on 24-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 356.00 and Rs. 338.40 respectively. The current market cap of the company is Rs. 45420.05 crore.</p><p align="justify">The promoters holding in the company stood at 59.60%, while Institutions and Non-Institutions held 33.43% and 6.97% respectively.</p><p align="justify">Marico has acquired the balance equity stake of 55% in Zed Lifestyle (Investee Company) from its existing shareholders on June 30, 2020. The investment makes the Investee Company a wholly owned subsidiary of Marico and gives Marico a complete control over the operations of the Investee Company. </p><p align="justify">Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<br></p>
18-Jun-2020 Marico launches KeepSafe <DIV align=justify>Marico has launched KeepSafe, a range of premium personal and out of home hygiene products. As an expert everyday care partner, the KeepSafe range offers consumers the convenience of easy sanitisation and takes care of intimate hygiene needs too. The KeepSafe range includes toilet seat disinfectant, multi-purpose disinfectant spray, hand sanitizer, hygiene hand wipes, feminine hygiene wipes and soon to be launched Intimate Wash as well.&nbsp;&nbsp; </DIV><DIV align=justify><BR></DIV><DIV align=justify>Marico is one of India's leading consumer products companies, in the global beauty and wellness space.<BR></DIV>
18-Jun-2020 Marico surges on launching KeepSafe <p align="justify">Marico is currently trading at Rs. 331.95, up by 0.75 points or 0.23% from its previous closing of Rs. 331.20 on the BSE.</p><p align="justify">The scrip opened at Rs. 329.00 and has touched a high and low of Rs. 333.75 and Rs. 329.00 respectively. So far 31885 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 403.70 on 25-Sep-2019 and a 52 week low of Rs. 233.80 on 24-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 340.60 and Rs. 320.00 respectively. The current market cap of the company is Rs. 42959.53 crore.</p><p align="justify">The promoters holding in the company stood at 59.60%, while Institutions and Non-Institutions held 33.43% and 6.97% respectively.</p><p align="justify">Marico has launched KeepSafe, a range of premium personal and out of home hygiene products. As an expert everyday care partner, the KeepSafe range offers consumers the convenience of easy sanitisation and takes care of intimate hygiene needs too. The KeepSafe range includes toilet seat disinfectant, multi-purpose disinfectant spray, hand sanitizer, hygiene hand wipes, feminine hygiene wipes and soon to be launched Intimate Wash as well.&nbsp; </p><p align="justify">Marico is one of India's leading consumer products companies, in the global beauty and wellness space.</p>
17-Apr-2020 Marico launches hand sanitiser under Mediker brand <div align="justify">Marico has forayed into hand sanitiser category with the launch of 'Mediker Sanitizer' as part of its response to the coronavirus pandemic. As the demand for hand hygiene essentials reaches its peak, Marico is introducing its product in the category under Mediker label, a 50-year-old brand with a strong niche equity in the protection space.</div><div align="justify"><br></div><div align="justify">Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<br></div>
09-Apr-2020 Marico expects decline in revenue due to COVID-19 lockdown <DIV align=justify>Marico is expecting a decline in revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) during the fourth quarter of FY20 due to national lockdown to contain the outbreak of COVID-19. The production is currently suspended at the company's manufacturing units. The distribution network has also been significantly impacted due to the lack of manpower at each point.</DIV><DIV align=justify><BR></DIV><DIV align=justify>Marico is one of India's leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.<BR></DIV>