Marico is currently trading at Rs. 539.20, up by 6.35 points or 1.19% from its previous closing of Rs. 532.85 on the BSE.
The scrip opened at Rs. 538.20 and has touched a high and low of Rs. 549.50 and Rs. 535.55 respectively. So far 99728 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 549.50 on 15-Jun-2021 and a 52 week low of Rs. 333.30 on 24-Sep-2020.
Last one week high and low of the scrip stood at Rs. 549.50 and Rs. 525.10 respectively. The current market cap of the company is Rs. 68811.67 crore.
The promoters holding in the company stood at 59.61%, while Institutions and Non-Institutions held 34.28% and 6.10% respectively.
Marico has acquired 60 percent stake in Apcos Naturals, the owner of Ayurvedic beauty brand ‘Just Herbs’. The stake will be acquired over a period of two years through primary infusion and secondary buy-outs. The investment is in line with Marico’s strategy to accelerate its digital transformation journey through building scalable digital-first brands, either organically or inorganically, as well as to premiumise its play in personal care.
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.
