Marico industries generate nearly 77 percent of its revenues from India and the rest comes from Bangladesh, Middle-east, and Africa. In terms of market share, it has nearly 65 percent market share in coconut hair oil, 70 percent market share in value-added hair oil, and nearly 75 percent market share in refined premium edible oil.

In the September quarter, it showed a volume growth of 11 percent on the back of Parachute, Saffola, and value-added hair oil.

Moneycontrol.com’s Nandish Shah gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.

Watch the video for more

(Edited by : Ajay Vaishnav)

First Published:Dec 30, 2020 11:36 AM IST