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MARICO LTD.MARICO LTD.MARICO LTD.

MARICO LTD.

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MARICO trade ideas

#Marico 2.5 year Breakout1. The stock has recently hit a high of 613.70 and closed at 608.15. 2. The recent large green volume bar suggests strong buying interest. 3. The Supertrend indicator is showing a value below CMP, which indicates the trend is currently bullish as the price is well above this level. 4. The price is well above all the EMA lines, indicating a strong uptrend. 5. The RSI is above 60, which is in the overbought territory (I consider it bullish). 6. The RS line shows the stock's relative strength compared to different NIFTY indices. The stock appears to have been underperforming relative to these indices until recently, where there seems to be an upward movement indicating improving relative performance. Overall, Marico Ltd. appears to be in a strong uptrend. ### Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading stocks involves risk, and you should perform your own research or consult with a qualified financial advisor before making any investment decisions. The author does not hold any positions in the mentioned stock at the time of this analysis.
NSE:MARICOLong
by PnKJ_93
Strong Buy Marico cmp 522 Target 550++ in 5-10 trade sessionsMarico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care. Below are all the product categories that the company caters to in the domestic market and the brands of the company : 1. Coconut Oil - Parachute, Nihar Naturals. 2. Super-premium Refined edible oils - Saffola. 3. Value added hair oils - Parachute advansed, Nihar naturals, Hair & Care. 4. Healthy foods - Saffola oats, Coco Soul. Coconut oil, Saffola FITTIFY Gourmet Range. 5. Premium Hair Nourishment - Livon Serums, Hair & Care. 6. Male Grooming & Styling - Set Wet, Beardo, Parachute. 7. Skin Care - Kaya Youth, Parachute advansed. 8. Hygiene - Mediker, Veggie Clean Market Share Market share of company’s leading brands as of Q1FY22 were as follows: Coconut Oils, MS: 62%, Rank: 1 st Parachute Rigids, MS: 52%, Rank: 1 st Saffola – Super Premium ROCP, MS:, Rank: 82% 1 st Saffola Oats, MS: 39%, Rank: 2 nd Saffola Masala Oats - Flavored Oats, MS: 94%, Rank: 1 st Value Added Hair Oils, MS: 37%, Rank: 1st Post wash Leave-on Serums, MS: 63%, Rank: 1st Hair Gels/Waxes/Creams, MS: 58%, Rank: 1st Revenue Breakup FY22 In FY22, ~77% of the total consolidated revenues were generated from domestic business. In the domestic market, coconut oils accounted for 40% of the total revenues followed by refined oils 25%, value added hair oils 21%, Personal care products (male grooming, skin care) ~5%. Distribution Network The company has a pan-India distribution network with a reach of 5.6 million outlets out of a total of ~12 million outlets in India. In FY22, Modern Trade and e-commerce contributed to 14% and 9% of the domestic business respectively. International Business In FY22, ~23% of the total consolidated revenues were generated from international business. Top export countries are Bangladesh (51% % of export revenues), followed by South East Asia (23%) , Middle East (13 %), and South Africa (7%). The international business portfolio includes brands such as Parachute, HairCode, Mediker SafeLife, Fiancee, caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Sedure, Thuan Phat and Isoplus. Capex In FY22, co. incurred 132 Crore Capital expenditure for capacity expansion and maintenance of existing manufacturing facilities. Marico is undertaking strategic investments to accelerate its digital transformation journey through building scalable digital-first brands, either organically or inorganically. Market Cap ₹ 67,791 Cr Stock P/E 46.3 ROCE 41.9 % Dividend Yield 0.86 % Currently PE is 46 as compared to Median PE of 50 and with such high ROCE and more than 3/4% of dividend yield, this stock is looking for a strong momentum looking at the way Marico is strategically increasing its business. Technically, it seems that price structure has changed on hourly chart and it seems to be bottom out as it has done time and price wise correction. At current market price(CMP) of 522, this is best rate to enter for quick target of 550 and 580 in a 5-10 trading session.
NSE:MARICOLong
by PrashantDahale
MARICO Showing strengthMarico is an Indian consumer goods company that has garnered a strong reputation and a significant market presence over the years. Investing in Marico could be an attractive prospect for several reasons: 1. **Strong Brand Presence**: Marico boasts a portfolio of well-established brands such as Parachute, Saffola, and Livon, which enjoy high levels of consumer trust and loyalty. This strong brand presence can translate into steady revenue streams and long-term growth potential. 2. **Diversified Product Portfolio**: Marico operates across multiple product categories including hair care, edible oils, skincare, and more. This diversification helps mitigate risks associated with fluctuations in any single market segment and provides stability to the company's financial performance. 3. **Focus on Innovation**: Marico has a culture of innovation, constantly introducing new products and improving existing ones to cater to changing consumer preferences. This proactive approach to product development ensures relevance in a competitive market landscape and fosters sustained growth. 4. **Robust Distribution Network**: Marico has built a robust distribution network spanning both urban and rural areas, enabling widespread availability of its products across India and in international markets. This extensive reach facilitates market penetration and sales expansion opportunities. 5. **Commitment to Sustainability**: In recent years, there has been a growing emphasis on sustainability and ethical business practices. Marico has demonstrated its commitment to environmental and social responsibility through initiatives such as sustainable sourcing, waste reduction, and community development programs. This aligns with the values of socially conscious investors. 6. **Strong Financial Performance**: Marico has a track record of delivering strong financial performance, with consistent revenue growth and healthy profitability margins. This financial stability instills confidence in investors and makes Marico an attractive investment option. 7. **Experienced Management Team**: The company is led by an experienced management team with a proven track record of steering the company through various economic cycles and challenges. Their strategic vision and operational expertise contribute to Marico's resilience and long-term success. Overall, investing in Marico offers the potential for solid returns backed by a combination of strong brands, diversified product portfolio, innovation, robust distribution, sustainability initiatives, and sound financial management.
NSE:MARICO
by IITIAN_TRADER
Marico might mend the trend..Marico Ltd. Is manufactures and markets products under the brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Revive, Mediker, Livon, Set-wet, etc. Marico’s products reach its consumers through retail outlets serviced by Marico’s distribution network comprising regional offices, carrying & forwarding agents, redistribution centers & distributors spread all over India. Marico Ltd CMP is 536.20. The Negative aspects of the company are High Valuation (P.E. = 47.4), FIIs are decreasing stake, Promoter Holding decreasing. The company's Positive aspects MFs are increasing stake, improving annual net profit, Improving cash from operations annual. Entry can be taken after closing above 537. Targets in the stock will be 554 and 563. The long-term target in the stock will be 575 and 592. Stop loss in the stock should be maintained at Closing below 508. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:MARICOLong
by Happy_Candles_Investment
[Positional] Marico Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======
NSE:MARICOLong
by Amit_Ghosh
Breaking Out on 1 hour candle. #Marico Are you looking for a Breakout Stock? It's right here. What's your view on this? Please share. Hope this post adds valuable insights to your trading/investment journey. Don't forget to share with your friends. (Bcz as your friends join you will have someone like-minded with whom you can share and discuss and bring clarity to your learning and life.) *** Disclaimer: Please note that this is only for Study Purpose and not a recommendation. So please do your own research before investing in market.
NSE:MARICOLong
by Trendx2
Marico is coming out of correctionAs the chart already depicts, Marico is now expected to have started the wave iii of 3 with the breakout from the falling wedge pattern. One thing some way wonder is, what is with all those projections? Well, to reach from CMP(530) till 660, it will take several moves for price to do it, as it does not shoot up at once...these several moves will form the various subdivisions of wave iii of 3. According to the Elliot theory this is how price always moves. A bigger move is always made up of several smaller moves put together.(both impulse and corrective moves).You can always breakdown any major impulse or correction on any timeframe into much more refined and more classified waves if you deep dive into one smaller timeframe than the current. Now coming back to the chart, the stock took support from a previously tested crucial support zone which also happens to be the 50% retracement mark of the impulsive rise stock witnessed from Apr.2023 till Oct.2023.Stock is also giving a break out from a falling wedge. On the upside level 550 will be the first major hurdle on its way towards 600. On the downside the low of 516 is an important support for the stock.
NSE:MARICOLong
by neeraj_2_sharma