01-01-1970 12:00 AM | Source: Accord Fintech
Marico gains on launching ‘Saffola Oodles’
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Marico is currently trading at Rs. 426.10, up by 1.30 points or 0.31% from its previous closing of Rs. 424.80 on the BSE.

The scrip opened at Rs. 428.00 and has touched a high and low of Rs. 433.70 and Rs. 425.10 respectively. So far 120427 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 434.80 on 12-Jan-2021 and a 52 week low of Rs. 233.80 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 433.70 and Rs. 405.65 respectively. The current market cap of the company is Rs. 55171.88 crore.

The promoters holding in the company stood at 59.61%, while Institutions and Non-Institutions held 34.15% and 5.95% respectively.

Marico has forayed into the instant noodles segment with the launch of Saffola Oodles. In line with the company’s focus on strengthening its foothold in the healthy, ready-to-cook snacking category and widening its demographic relevance, under the aegis of Saffola, Saffola Oodles aims to make snacking occasions fun and delicious while maintaining the health credentials of the mother brand.

In line with the growing consumer demand for delicious yet healthy eating options, Saffola Oodles is a perfect combination of a delicious masala flavour, the goodness of wholegrain oats, and real vegetables and makes for a mouth-watering snack. It brings a twist to the conventional noodles with its unique ring-shape, making it a novel offering in the category. Saffola Oodles does not contain maida or artificial preservatives. Highly customizable, it takes only 5 minutes to prepare, making it a perfect snack time option for kids, teens and adults alike.

Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Afric