BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Kotak upgrades Marico to buy from add
The brokerage says Marico is inexpensive relative to the sector. Copra inflationary cycle has lasted 12 month, expect a bake in 15 per cent drop in copra in FY 2016 estimated earnings, added Kotak.