Marico Ltd

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  First State Investments Picks Up Rs 184-Crore Stake in Marico

  Global fund house First State Investments Management (UK) Ltd has bought stake in FMCG major Marico Ltd for over Rs 184 crore through an open market transaction.

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  FMCG Learns Maggi Lessons, Eyes 2016 to Regain Lost Ground

  Having learnt their Maggi lessons hard way in 2015, the FMCG sector is desperately looking for a brighter new year with hopes pinned on revival in rural demand and push from e-commerce even as an enhanced regulatory glare would keep them on toes with regard to safety of products.

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  Marico Plans Bonus Share Issue, Seeks Shareholders' Nod

  Homegrown FMCG major Marico Ltd is planning issue of bonus shares for which it is seeking shareholders nod, besides reclassifying its authorised share capital to enable the move.

• Oppenheimer Sells 59 Lakh Shares in Marico

  Marico shares were sold at an average price of Rs 319.01 apiece, valuing the transaction at Rs 189.14 crore.

• 2014: Slow Business for FMCG, Executive Moves Aplenty

  They are called FMCG or 'fast moving consumer goods' companies, but it has turned out to be a year of slow business for the sector, even as movements were quite visible in 2014 among those at the helm of affairs.

• Marico Q2 Profit Rises 12 Per Cent to Rs 118 Crore

  FMCG firm Marico Ltd on Friday reported an increase of 11.71 per cent in consolidated net profit at Rs 118.26 crore for the second quarter that ended on September 30, 2014.

• Colgate-Palmolive Gains; Credit Suisse Upgrades

  Credit Suisse upgraded the stock to "outperform" from "underperform." It said consumer goods sector was seeing "improving consumption growth, easing input costs and benign competition".

• Marico Reports Q1 Net at Rs 185 Crore; Shares Fall

  Marico said results are not comparable with corresponding quarter last year as its skincare business 'Kaya' was demerged in October 2013.

• Marico Q4 Net up 5.85% at Rs 88.77 crore

  Marico's net sales during Q4, 2013-14 went up by 7.27 per cent at Rs 1,069.81 crore, compared with Rs 997.25 crore in the year-ago period.

• Marico stops production at Dehradun plant

  FMCG major Marico on Friday said it has stopped production at its plant in Dehradun and has also initiated steps to close the unit.

• Marico Q2 net up 23.27 per cent at Rs 105.86 crore

  FMCG firm Marico Ltd on Tuesday posted a 23.27 per cent increase in consolidated net profit at Rs 105.86 crore for the quarter ended September 30, 2013-14, driven by lower expenses and increase in other income.

• Marico Q4 net up 20 per cent at Rs 84 crore

  Maricos consolidated net profit has increased 20.33% in its fourth quarter that ended March mainly on account of robust domestic FMCG business, the FMCG Major reported on Tuesday.

• Jefferies initiates coverage on Marico with a 'buy'

  "While there are headwinds arising from a broad-based slowdown, we believe the company is well placed to grow earnings by over 20 per cent per annum in the medium term," Jefferies said in a report.

• Marico Q3 net up 22 per cent at Rs 105 crore

  FMCG firm Marico today posted a consolidated net profit of Rs 104.55 crore for the quarter ended December.

• Brokerages positive on Marico demerger, shares hit 52-week high

  Shares of FMCG firm Marico jumped to a 52-week high on Tuesday following the company's announcement of restructuring yesterday. The stock was the top gainer on the BSE FMCG index.