ICICI Direct has initiated coverage on FMCG major Marico Limited with a BUY call, highlighting a 12-month target price of Rs 870 against a current market price of Rs 736, implying an upside potenti
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.