Page 4 - Saffola Immuniveda News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Marico Acquires Majority Stake In Just Herbs Owner Apcos Naturals
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Marico Limited forays into instant noodles category
adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Marico debuts in the instant noodles category with Saffola Oodles
afaqs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afaqs.com Daily Mail and Mail on Sunday newspapers.
Sharekhan maintains Buy recommendation on Marico with a target price of Rs 477 per share (rolling it over to FY2023E earnings). Marico’s volume growth is likely to be steady at high single digits to low double digits in Q3 FY2021 on improved volume growth of the value-added hair oil (VAHO) portfolio, 6-8% to volume growth in Parachute rigid pack sales and mid-teen volume growth in Saffola edible oil franchisee.
Domestic volumes grew by 11% in Q2FY2021. The VAHO segment clocked a 4% volume growth in Q2 with strong in mid & bottom of the pyramid products. In September-October, the top-end of the portfolio also saw good recovery in sales.