Marico Ltd.

NSE: MARICO | BSE: 531642 | ISIN: INE196A01026 |Industry: Personal Products
|Expensive Star

Marico Ltd.    
10 Jan 2019
Prabhudas Lilladhar
We downgrade our rating from BUY to Accumulate given 1) 28% jump in stock price since our upgrade and 2) rising probability that Copra price decline in the current down cycle will be far lower than previous occasions....
Marico Ltd. is trading above it's 200 day SMA of 361.64
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