Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
338.70
Change Change %
7.05 2.13%

Updated:26 Sep, 2018, 12:24 PM IST

BSE
338.15
Change Change %
6.25 1.88%

Updated:26 Sep, 2018, 12:25 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
02-05-2016 Sell 258.30 220.00
N/A
Closed Long (1Y)
02-05-2017

Religare maintains sell on Marico

Marico's multiple growth initiatives and dominant positioning are unlikely to help counter the volume and margin headwinds ahead. Current valuations at 36 times FY18 estimated earnings per share are expensive.

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