If you are looking for “ Marico share price targets” for upcoming years, you are in the right place. Before we dive into Marico Ltd. stock price targets, Let’s understand the Marico company background, technical fundamentals etc.
About Marico Ltd.
Marico Limited is a leading FMCG company in India with a strong presence in hair care, skin care, and edible oils. The company was established in 1990 and is headquartered in Mumbai. Marico has a significant presence in emerging markets and has a portfolio of well-known brands such as Parachute, Saffola, and Nihar.
Fundamentals of Marico Ltd.
Let’s look at the fundamentals of Marico, based on which we can get a clear understanding of the expertise in the Consumer Food sector.
- Current Market Cap: The current market cap of Marico as of 2/19/2023, is ₹ 64,030.32
- P/E Ratio: The current price-to-earning ratio of Marico is 50.5
- Sales Growth: Sales growth in last 1 year for Marico is 18.19 %
- Profit Growth: Profit growth is around 4.5 % in last 1 year
Marico Ltd. Share Price Target Details
We have done a complete analysis of Marico and have come up with its share price targets for upcoming years.
Marico’s Current Share Price is ₹495
Note: These price targets of “Marico” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
Year | Marico Share Price Targets (₹) |
---|---|
2023 | 520 |
2024 | 545 |
2025 | 570 |
2026 | 595 |
2027 | 620 |
2028 | 645 |
2029 | 670 |
2030 | 695 |
Marico share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Marico for the year 2023 will be ₹520
Marico share price target 2024
The target share price of Marico for the year 2024 will be ₹545
Marico share price target 2025
The target share price of Marico for the year 2025 will be ₹570
Marico share price target 2026
The target price of Marico for the year 2026 will be ₹595
Marico share price target 2027 to 2030
The target share price of Marico for the years 2027, 2028, 2029, and 2030 will be ₹620, ₹645, ₹670, and ₹695 respectively.