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Buy Marico Ltd. target Rs 326.4 : ICICI Direct

Buy Marico Ltd. at a price target of Rs 326.4 and a stoploss at Rs 317.4 from entry point.|
Apr 18, 2018, 09.20 AM IST
0Comments has buy call on Marico with a target price of Rs 326.4.
The current market price of Marico Ltd. is Rs 320.9.
Time period given by analyst is Intra Day when Marico Ltd. price can reach defined target.
ICICIdiect recommended to keep stoploss at Rs 317.4.
Marico Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 41327.02 Crore) operating in Personal Care sector.

Marico Ltd. key Products/Revenue Segments include Edible Oil which contributed Rs 2805.62 Crore to Sales Value (58.93 % of Total Sales), Hair Oil which contributed Rs 1301.89 Crore to Sales Value (27.34 % of Total Sales), Personal Care which contributed Rs 357.58 Crore to Sales Value (7.51 % of Total Sales), Others which contributed Rs 164.12 Crore to Sales Value (3.44 % of Total Sales), Oil Seeds which contributed Rs 114.17 Crore to Sales Value (2.39 % of Total Sales), Export Incentives which contributed Rs 10.63 Crore to Sales Value (0.22 % of Total Sales), Scrap which contributed Rs 6.36 Crore to Sales Value (0.13 % of Total Sales)for the year ending 31-Mar-2017.

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Disclaimer: This recommendation is analyst's own and does not represent those of & Please consult your financial advisor before taking any position in the stock/s mentioned.

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