Marico is currently trading at Rs 179.05, up by 2.80 points or 1.58% from its previous closing of Rs 177.10 on the BSE.
The scrip opened at Rs 178.00 and has touched a high and low of Rs 180.45 and Rs 177.60 respectively. So far 7962 shares were traded on the counter.
The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 183.80 on 18-Apr-2012 and a 52 week low of Rs 127.00 on 06-May-2011.
Last one week high and low of the scrip stood at Rs 183.80 and Rs 175.35 respectively. The current market cap of the company is Rs 11068.82 crore.
The promoters holding in the company stood at 62.73% while Institutions and Non-Institutions held 30.05% and 7.22% respectively.
The other gainers on BSE “FMCG” space are United Spirits up by 1.34%, Nestle India up by 1.24% and Colgate Palmolive up by 0.64%.
FMCG major Marico recently received its board’s approval to raise up to Rs 500 crore through issue of shares to two foreign investors. The company’s board has approved to allot 2,94,11,764 equity shares of Re 1 each at an issue price of Rs 170 per share aggregating to an issue size of Rs 500 crore to Indivest and Baring India Private Equity Fund III Listed Investments.
Indivest would be allotted 22,058,823 shares at a proposed issue size of Rs 375 crore, while Baring India will be allotted 73,52,941 shares at proposed issue size of Rs 125 crore. While Indivest is an affiliate of Government of Singapore Investment Corporation, Baring India Private Equity Fund III Listed Investments is a Mauritius-based firm.
Marico is engaged in the business of branded fast moving consumer goods and branded services. The company operates in two segments, i.e., consumer products and others. The company’s consumer products include coconut oils, other edible oils, hair oils and other hair care products, male grooming products, fabric care products, healthy foods, soaps, health care products, female beauty care products.
| Company Name | CMP |
|---|---|
| Nestle | 2163.85 |
| Britannia Inds | 4700.90 |
| Varun Beverages | 612.20 |
| Marico | 628.25 |
| Hatsun Agro Product | 1017.85 |
| View more.. | |
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