Buy Marico, target Rs 320: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Marico with a target price of Rs 320.

The current market price of Marico is Rs 311.60.

Time period given by the analyst is 'Intra Day' when Marico price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 308.


Marico, incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 38,968.38 Crore) operating in Personal Care sector.

The company’s top management includes Mr.Ananth Narayanan, Mr.B S Nagesh, Mr.Harsh Mariwala, Mr.Nikhil Khattau, Mr.Rajeev Bakshi, Mr.Rajen Mariwala, Mr.Rishabh Mariwala, Mr.Saugata Gupta, Ms.Hema Ravichandar.

Company has B S R & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 1,290,771,198 shares outstanding.