Welcome to the comprehensive analysis of Marico’s share price target for the years 2023, 2024, 2025, and a glimpse into 2030. In this exploration, we will delve into the factors that may influence Marico’s growth trajectory and examine whether reaching the coveted 1000 INR mark is a feasible milestone for the company. By considering key market trends, Marico’s historical performance, and potential industry developments, we aim to shed light on the prospects of Marico’s stock in the upcoming years. Let’s embark on this financial journey and assess the possibilities that lie ahead for one of India’s leading consumer goods companies, Marico.
MARICO IN RECENT NEWS
- Marico’s share price experienced a decline of over 2% on Monday following the release of its Q1 results. The homegrown FMCG company’s stock witnessed a drop of up to 2.38%, reaching ₹559.65 per share.
- “MOTILAL OSWAL, the brokerage, states that there have been no significant alterations to their EPS forecasts for FY24 and FY25. Marico’s core portfolio has exhibited strong performance, and the company is diligently striving to achieve its medium-term growth targets. The earnings growth prospects remain promising, with an anticipated Compound Annual Growth Rate of approximately 10-11% over FY 24-25 and a Return on Equity surpassing 35%,” according to the brokerage’s assessment.
- Analysts anticipate Marico’s sales to rise in the latter half of FY24, with an expected improvement in volume growth.
HOW TO BUY MARICO SHARES IN INDIA?
- ICICI Direct
- HDFC Securities
- Axis Direct
- Kotak Securities
- Angel Broking
- Motilal Oswal
MARICO SHARE PRICE TARGET 2023 TO 2025
Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.
MARICO SHARE PRICE TARGET FOR 2023
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In 2023, Marico’s share price target showed a fluctuating trend with varying highs and lows throughout the year. The highest recorded price was in December 2023 at Rs 582.15, while the lowest was in August 2023 at Rs 507.18. JM Financial’s target price of Rs 575 seems attainable considering the stock’s performance during the year. The stock experienced notable growth in September and November, reaching Rs 570.73 and Rs 565.19, respectively. However, it also encountered some dips, like in October when the price dropped to Rs 554.11. Investors should closely monitor the company’s financial performance, market conditions, and any industry developments to make informed decisions regarding Marico’s stock in 2023.
MARICO SHARE PRICE TARGET FOR 2024
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Marico’s share price in 2024 displayed an intriguing pattern, with significant growth and fluctuations throughout the year. Investors and analysts closely monitored the company’s performance. The stock reached its highest point in January at Rs 612.79, followed by an impressive surge to Rs 706.44 in October. However, it also experienced some declines, like in May when it dropped to Rs 509.70. JM Financial’s target price for 2024 would require careful analysis, considering these price fluctuations and the company’s overall financial performance. Investors should remain vigilant about market dynamics, company strategies, and industry developments while evaluating Marico’s stock for the year 2024.
MARICO SHARE PRICE TARGET FOR 2025
Share Price Target 2025
|Maximum Price||Minimum Price|
In 2025, Marico’s share price target paints an encouraging picture for investors, with steady growth throughout the year. The stock witnessed significant highs, with the maximum price reaching Rs 917.76 in December, signaling robust performance. Although the stock experienced minor fluctuations, such as in May when it touched Rs 532.57, the overall trend suggests JM Financial’s target price for 2025 is within reach. Investors can look forward to assessing Marico’s financial health, market position, and industry developments to make informed decisions and capitalize on the potential growth opportunities the company presents in 2025.
MARICO SHARE PRICE TARGET FOR 2026 TO 2030
|Year||Maximum Price||Minimum Price|
Between 2026 and 2030, Marico’s share price showed a remarkable upward trajectory, offering significant growth potential for investors. The company’s diverse product portfolio has been a key factor contributing to its success. In 2026, the stock reached its highest point at Rs 1,055.43 and consistently displayed an upward trend despite minor fluctuations. By 2030, the stock reached a peak of Rs 3,694.00, indicating impressive growth. JM Financial’s target price for the future suggests that Marico’s performance is expected to remain strong, presenting attractive investment opportunities for investors. However, it’s crucial for investors to closely monitor the company’s financials, competitive landscape, and overall market conditions to make well-informed decisions and benefit from Marico’s growth potential.
MARICO FINANCIAL CONDITION (LAST 5 YEARS)
|Profit Before Tax||1,257||1,374||1,523||1,601||1,743|
|EPS in Rs||8.63||7.91||9.08||9.48||10.07|
Over the last five years, Marico has shown steady growth in its financial performance. The company’s sales have exhibited a positive trend, reaching 9,764 in 2023 from 7,334 in 2019. Concurrently, Marico’s operating profit margin remained stable, hovering around 18% to 20%, indicating a robust operational efficiency. Moreover, the company’s net profit has also seen consistent growth, rising from 1,131 in 2019 to 1,322 in 2023.
During this period, Marico has managed its expenses prudently, which contributed to maintaining a healthy operating profit margin. Additionally, the company’s other income has shown an upward trajectory, showcasing its diversified revenue streams.
Despite facing fluctuations in tax percentages, Marico has managed to maintain a profitable position throughout the years. This is further supported by the continuous increase in earnings per share (EPS) over the last five years, demonstrating the company’s ability to generate value for its shareholders.
Overall, Marico’s financial condition appears to be in a favorable state, reflecting its resilience and consistent growth in the market over the observed period.
MARICO SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS
MARICO SHARE PRICE TARGET BY SHAREKHAN
Sharekhan recommends buying Marico with a target price of Rs 645.
MARICO SHARE PRICE TARGET BY JM FINANCIAL
JM Financial recommends purchasing Marico with a target price of Rs 575.(06-FEB-2023)
What will be the share price target for Marico by 2023?
Based on the data provided, the share price target for Marico by the end of 2023 is not explicitly mentioned. However, we can see that the maximum price in December 2023 was ₹582.15, which indicates potential growth prospects for the company.
What will be the share price target for Marico by 2024?
According to the data, the share price target for Marico by the end of 2024 is not explicitly specified. However, it can be observed that the stock reached its highest point in December 2024 at ₹756.60, implying positive growth prospects.
What will be the share price target for Marico by 2025?
As per the data, the share price target for Marico by the end of 2025 is not explicitly stated. Nevertheless, it is notable that the stock reached a maximum price of ₹917.76 in December 2025, indicating the potential for significant growth.
Is it worthwhile to invest in Marico for the long term?
Considering the consistent growth observed in Marico’s stock prices from 2023 to 2030, and its diverse portfolio of well-established brands, investing in Marico for the long term could be a viable option for investors seeking steady returns.
Will the Marico stock grow?
Yes, the data suggests that Marico’s stock has demonstrated growth over the years. From 2023 to 2030, the share prices have consistently increased, reflecting positive performance and potential growth.
Will the Marico stock reach ₹1000 INR by 2025?
While the data indicates steady growth in Marico’s stock prices, reaching ₹1000 INR by 2025 is not explicitly mentioned. However, the optimistic targets and upward trend suggest that the stock has the potential to achieve this milestone, although it will depend on various market factors and the company’s performance in the coming years. Investors should closely monitor Marico’s financials and industry trends to assess the likelihood of this target being attained.
Based on the historical share price data and projected targets for Marico from 2023 to 2030, the company has displayed a consistent upward trend, showcasing substantial growth over the years. Starting from August 2023, where the share price was around ₹507.18, the prices steadily climbed to ₹917.76 by December 2025. Furthermore, the projections for 2026 to 2030 indicate a continued upward trajectory, with the share price expected to reach ₹3,694.00 in 2030. Considering this growth pattern, it seems plausible for Marico to reach the ₹1,000 INR mark in the coming years, given the company’s strong product portfolio, expanding market presence, and the positive outlook for the sectors it operates in. However, it’s important to bear in mind that stock market dynamics can be influenced by various factors, and investors should closely monitor the company’s performance and market conditions while making investment decisions.