Marico surges on reporting 17% rise in Q1 consolidated net profit.

     Marico ( (BSE: 531642) is an Indian consumer goods company providing consumer products and services in the areas of Health and Beauty based in Mumbai.
     During 2009–10, the company generated a turnover of about Rs 26.6 billion  in respect of its food, hair care and skin care related activities. Marico's own manufacturing facilities are located at Goa, Kanjikode, Jalgaon, Pondicherry, Dehradun, Baddi, Paonta Sahib and Daman.
     The company’s net profit has surged by 4.58% at Rs 144.39 crore as compared to Rs 138.06 crore for the quarter ended June 30, 2013. Its total income has increased by 27.76% to Rs 1362.47 crore for the quarter under review from Rs 1066.36 crore for the corresponding quarter of the previous year. 
     On the consolidated basis, the company has reported 17.46% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 185.27 crore for the quarter as compared to Rs 157.72 crore for the same quarter in the previous year. Total income has increased by 17.55% at Rs 1641.45 crore for quarter under review as compared to Rs 1396.31 crore for the quarter ended June 30, 2013.
     The promoters holding in the company stood at 59.69% while Institutions and Non-Institutions held 34.27% and 6.04% respectively.

     The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 268.50 on 04-Aug-2014 and a 52 week low of Rs 196.05 on 12-Aug-2013.

     Last one week high and low of the scrip stood at Rs 268.50 and Rs. 250.00 respectively. The current market cap of the company is Rs. 16547.44 crore.

     The scrip opened at Rs 258.00 and has touched a high and low of Rs 294.45 and Rs 258.00 respectively. So far 32237 shares were traded on the counter.

     Marico is currently trading at Rs 274.30, up by 17.70 points or 6.90% from its previous closing of Rs 256.60 on the BSE.