Page 3 - Marico

Marico Ltd plans to achieve net-zero emissions in global operations by 2040

The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda

Marico's Q3 net profit rises 1.6% to Rs 317 cr; sales jumps 13.4%

Marico's total expenses in the December 2021 quarter stood at Rs 2,022 crore, up 15.4% as against Rs 1,752 crore a year ago

Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100

For the week, the Sensex and the Nifty indices are down 3% each

Are FMCG companies staring at a stock-price correction?

Marico shares dropped 3% following a tepid Q3 update. High inflation and poor demand led to its muted growth. And this could be a sector-wide phenomenon. Should investors turn away from FMCG players?

Weak Q3 may keep Marico's stock under pressure, muted consumption weighs

Brokerages are however positive on medium term growth outlook for core and new areas

Marico dips 3% in firm market after December quarter business update

The personal products maker said that its revenue growth was in double digits in the October-December quarter (Q3), but its volume growth is expected to be flat.

Stocks to Watch: RIL, Tata Motors, Maruti, NCC, Marico, Hind Zinc, IT stks

Auto majors Maruti and Tata Motors are likely to be in focus today, the former for registering highest exports in a calendar year, and the latter for becoming the second largest PV seller in India.

Marico sees flat volumes in third quarter on weaker consumption

The company said the fast-moving consumer goods sector witnessed slowing consumption pattern

Dec-qtr revenue growth in low teens amid continuing inflation: Marico

"Rural demand was also sluggish, albeit optical to an extent, given the high base," said Marico

Distributors write to FMCG companies for the second time on price parity

According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels

Margin pressures may ease in Q3 as Marico puts up steady show in Sept qtr

Valuations, however, cap upsides in the near term

Marico posts 16% growth in second quarter profit at Rs 316 crore

The company said its foods franchise is on course to reach the Rs 500 crore mark in FY22

Recovery drives topline performance for Marico, stock up 11% from Aug lows

Margins to come under pressure as input costs remain higher

Sensex drops 555 pts, Nifty below 17,650 as energy woes hit global markets

Stock market LIVE: All sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 per cent range

Marico rallies 6%, hits record high on healthy Sept quarter business update

The company reported robust revenue growth in the low twenties with strong double digit volume growth for the September quarter

Stocks to watch: MTAR Tech, Marico, ZEEL, Future Retail, Canara Bank, CIL

State-owned CIL on Tuesday said its board has given an in-principle approval to a pre-feasibility report for setting up of an integrated greenfield aluminium project in Odisha

Marico sees revenue growth in second quarter in 'low twenties'

Premium personal care portfolios grew "handsomely, albeit on a low base", it said

Marico starts hybrid work model for all staff starting Friday

Several Indian firms are offering this models which is helping them cut rental and power costs, apart from saving commuting time for staff

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

Nifty outlook and stock ideas by Sameet Chavan: Buy Marico, Sell Bajaj Fin

As of now, clearly bulls are having a firm grip on the market but as we have been mentioning since a week or so, they would find a bit difficult now going ahead