Marico trades higher on the BSE

09 Apr 2021 Evaluate

Marico is currently trading at Rs. 420.20, up by 5.50 points or 1.33% from its previous closing of Rs. 414.70 on the BSE.

The scrip opened at Rs. 414.25 and has touched a high and low of Rs. 421.50 and Rs. 414.25 respectively. So far 73945 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 439.00 on 24-Feb-2021 and a 52 week low of Rs. 277.45 on 04-May-2020.

Last one week high and low of the scrip stood at Rs. 421.50 and Rs. 399.35 respectively. The current market cap of the company is Rs. 54152.76 crore.

The promoters holding in the company stood at 59.61%, while Institutions and Non-Institutions held 34.15% and 5.95% respectively.

Marico has launched the communication campaign for its latest launch, Saffola Oodles - a delicious and healthy ready-to-cook snack, targeted to mothers. Evening snack time is meant to be fun for kids. It is the time where they like to have their way, especially when it comes to the choice of snack. However, mothers feel they often play killjoy, by restricting what the kids eat, or making it healthier, which of course leads to a veritable tug of war in the evening, spoiling the fun for kids during snack time.

The TVC highlights how Oodles enables the mom to play the role of fun mom at snack time. The yummy, ring-shaped, no-maida noodles made with oats, allows the mom to give her kid something he/she would love to eat, whilst at the same time being reassured that it’s healthy.

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.

Marico Share Price

499.00 4.15 (0.84%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Nestle 2623.30
Britannia Inds 4889.75
Varun Beverages 1400.65
Marico 499.00
Godrej Agrovet 486.25
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