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 Bonanza's Stock Idea
Bonanza is Bullish on Marico Ltd.
Idea Submitted on 22Nov,2017
  • 9 Total Ideas
  • 0 Active Ideas
  • 9 Closed Ideas
  • 0 Friends
  • 2 Followers
  • Avg. Returns
     5.11%
    Rank
    6
    Success Rate
      55.56%
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      Buy Marico Idea
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      Idea Status :  Closed
    Target Achieved
    Idea Closed at 368.7(27Jul,18 09:44:am)
     Time Frame
    1year
     Start Price
    302
     Target Price
    368
     Stop Loss
    261
     Projected Gain
    66 (21.85% Upside)
     Returns Achieved
    66.7     22.09%
     Analysis
    With strong brand equity in its flagship brands, extension into higher growth and underpenetrated categories, revival in discretionary demand and improving economic scenario and unorganized market providing a huge opportunity, we value Marico at 45.00x FY19E EPS of Rs.8.20 to arrive at target price of Rs.368.00, an upside of ~22%. View Research Report  (Time Period and Stop-loss Auto added)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Marico
    358.35
    Sentimeter
    Buy Calls: 6 Sell Calls: 1
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