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Marico Cuts Parachute Oil Price By 17% As Copra Costs Fall; Jasmine Hair Oil Rate Up
Industry experts say the recent fall in copra prices has provided Marico room to reprice its coconut oil portfolio.
FMCG shares in focus; HUL, Dabur, Nestle, Marico gain up to 3%; here's why
Despite global uncertainties, subpar monsoon outlook and volatile commodity prices, FMCG firms have given resilient outlook for FY27 with H2FY27 expected to be better versus H1FY27, say analysts.
Nestle among Nuvama's top 5 consumer picks after Q4 earnings season. Do you own any?
Nestle is among Nuvama's top consumer picks following strong Q4 earnings, driven by resilient rural and urban demand. Despite challenges like unseasonal weather impacting seasonal products, the brokerage highlighted Nestle, Asian Paints, Pidilite Industries, Berger Paints, and Marico as key investment opportunities in the sector.
Marico Ltd spurts 1.51%, up for third straight session
Marico Ltd is quoting at Rs 823.5, up 1.51% on the day as on 12:49 IST on the NSE. The stock is up 17.12% in last one year as compared to a 5.46% fall in NIFTY and a 13.11% fall in the Nifty FMCG index.
Stocks in news: Coal India, Marico, Fino Payments Bank, L&T, Physicswallah
Indian markets closed lower amid global volatility and geopolitical concerns, with analysts expecting continued choppiness due to monthly expiry. Several stocks like Coal India, Marico, and L&T are in focus due to news developments, including government stake sales, new product launches, and order wins.
Marico forays into hair cleansing segment with its Parachute Advansed brand
Marico has launched Parachute Advansed Protein Shampoo, marking its entry into the Rs 10,000-crore hair cleansing market. This strategic move aims to capture a share of the growing shampoo segment, which is dominated by multinational players. The company expects this expansion to enhance brand relevance and tap into the increasing consumer preference for nature-forward solutions.
Marico Enters Shampoo Market, Launches Parachute Advansed Protein Range
Shampoo will be available in 80ml, 170ml, 340ml, 650ml, 1L and 1.2L packs.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
Nifty faces bearish grip: Key levels to watch and top 3 stock picks for next week
Nifty faces bear control after a weekly slide. The IT sector is under pressure, and Kaynes stock has stumbled. Analysts highlight support at 23,500 for Nifty. Selective buying is advised in Marico, Arvind, and Triveni Turbine for the upcoming week. These stocks show potential for upside movement.
Marico, Nestle, Laurus, Grasim and 15 others from Nifty 500 hit new highs
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.
PNB, Marico & more: Top stocks to watch on May 11 — check list - The Times of India
PNB, Marico & more: Top stocks to watch on May 11 — check listThe Times of India