India Cements, Marico, Lemon Tree Hotels shares touched yearly highs on Thursday. India Cements share price closed 6.14 percent higher at Rs 393 after touching yearly highs at Rs 400.
Prabhudas Lilladher maintains its “Accumulate” CALL on Marico Limited, highlighting observable margin headwinds but setting an aspirational target price of Rs743, up from Rs718.
Marico share price closed one percent higher on Friday but the stock is looking bullish on the technical charts and we could see breakout towards 52-week high for this FMCG major.
Sharekhan Research has suggested BUY Call for Marico Limited with target price at Rs 780. BOB Capital Markets has suggested HOLD call with target price at Rs 695.