Marico soars on launching new hair oil `Sampoorna` under Parachute Advansed brand
Marico is currently trading at Rs. 546.50, up by 6.55 points or 1.21% from its previous closing of Rs. 539.95 on the BSE.
The scrip opened at Rs. 542.35 and has touched a high and low of Rs. 549.00 and Rs. 537.65 respectively. So far 29314 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 595.00 on 03-Oct-2023 and a 52 week low of Rs. 462.95 on 20-Apr-2023.
Last one week high and low of the scrip stood at Rs. 549.00 and Rs. 531.85 respectively. The current market cap of the company is Rs. 70623.91 crore.
The promoters holding in the company stood at 59.40%, while Institutions and Non-Institutions held 35.50% and 5.09% respectively.
Marico’s premium hair nourishment brand -- Parachute Advansed has launched ‘Parachute Advansed Sampoorna hair oil’ in the states of Andhra Pradesh and Telangana. Parachute Advansed Sampoorna Coconut Hair Oil is all set to revolutionize hair care by offering consumers the ultimate solution to maintaining thick, long and black hair.
This first-of-its-kind product combines the trusted goodness of Coconut with the enriching qualities of five special herbs - Amla, Hibiscus, Aloevera, Methi & Curry Leaves, providing hair with the ‘Extra Care’ it deserves. Parachute Advansed Sampoorna is now available at all leading retail outlets across Andhra Pradesh and Telangana.
Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space.