Marico Ltd
NSE:MARICO
MARICO's latest stock split occurred on Dec 22, 2015
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, MARICO traded at 463 per share. Afterward, the share price was about 192.8445.
The adjusted shares began trading on Dec 22, 2015. This was MARICO's 5th stock split, following the previous one in Feb 21, 2007.
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Marico Ltd
Glance View
Marico Ltd. is a distinguished player in the consumer goods industry, rooted deeply in the Indian market with an impressive global reach. Originating in the bustling city of Mumbai, the company has grown from its modest beginnings to become a titan in the beauty and wellness sector. With its founder Harsh Mariwala at the helm, Marico embarked on a transformative journey, developing a diverse range of personal care and food products. The company has not just capitalized on time-tested brands like Parachute, which dominates the coconut oil segment, but has also continuously innovated in target market categories. Brands like Saffola, in the edible oil and health food segment, demonstrate Marico's strategic pivot towards health-conscious consumers. By leveraging robust supply chain networks, strong brand equity, and deep consumer insights, Marico maintains a symbiotic relationship between tradition and innovation. The underpinning of Marico’s business model is its robust and multi-pronged revenue engine, which generates income by serving varied consumer needs. The company's strategy revolves around building a strong portfolio of trusted brands that command significant market share across hair care, skin care, edible oils, and wellness products. Marico effectively utilizes a network of extensive distribution channels and intuitive marketing strategies to enhance market penetration across rural and urban areas alike. The company is also venturing into international markets with tailored offerings that resonate with local tastes, ensuring a widened global footprint and incremental revenue streams. By continuously evolving its product offerings and embracing consumer-centric innovation, Marico sustains its competitive edge and reinforces its position as a leader in the fast-moving consumer goods sector.
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