MARICO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | MARICO | Market Cap | 1,00,607 Cr. | Current Price | 775 ₹ | High / Low | 814 ₹ |
| Stock P/E | 51.9 | Book Value | 39.0 ₹ | Dividend Yield | 1.35 % | ROCE | 42.8 % |
| ROE | 36.5 % | Face Value | 1.00 ₹ | DMA 50 | 762 ₹ | DMA 200 | 738 ₹ |
| Chg in FII Hold | 0.06 % | Chg in DII Hold | -0.06 % | PAT Qtr | 441 Cr. | PAT Prev Qtr | 395 Cr. |
| RSI | 55.4 | MACD | 6.32 | Volume | 17,71,781 | Avg Vol 1Wk | 11,12,829 |
| Low price | 680 ₹ | High price | 814 ₹ | PEG Ratio | 5.49 | Debt to equity | 0.04 |
| 52w Index | 71.2 % | Qtr Profit Var | 19.5 % | EPS | 14.9 ₹ | Industry PE | 22.0 |
📊 Marico (MARICO) is trading above both its 50 DMA (₹762) and 200 DMA (₹738), confirming strong short-term and medium-term support. RSI at 55.4 reflects healthy bullish momentum, while MACD (6.32) signals positive divergence. Bollinger Bands show price moving toward the upper band, suggesting potential continuation of the uptrend. Current volume (17.7 lakh) is significantly above the 1-week average (11.1 lakh), highlighting strong participation.
💡 Optimal Entry: ₹760–₹770 (near DMA support)
🚪 Exit if Holding: Profit-taking zone around ₹805–₹815; Stop-loss below ₹750
📈 Trend Status: Trending upward with bullish momentum
✅ Positive
- Trading above both 50 DMA and 200 DMA
- Strong ROE (36.5%) and ROCE (42.8%)
- Quarterly PAT growth (₹395 Cr → ₹441 Cr)
- EPS at ₹14.9 supports earnings visibility
- FII holdings increased (+0.06%)
- Low debt-to-equity ratio (0.04)
⚠️ Limitation
- High valuation (P/E 51.9 vs industry 22.0)
- PEG ratio at 5.49 indicates stretched growth-adjusted valuation
- DII holdings declined (-0.06%)
- Stock trading close to 52-week high, limiting upside
📉 Company Negative News
- Valuation concerns due to premium multiples
- Reduced domestic institutional participation
📈 Company Positive News
- Strong quarterly PAT growth (+19.5%)
- EPS stability supports long-term earnings visibility
- FII inflows indicate foreign investor confidence
🏭 Industry
- FMCG sector average PE at 22.0, Marico trades at a premium (51.9)
- Sector outlook remains strong with steady consumer demand
🔎 Conclusion
Marico is trending upward with strong technical signals and robust fundamentals. Entry near ₹760–₹770 offers a favorable risk-reward setup, while exits around ₹805–₹815 are advisable. Despite strong earnings growth and efficiency metrics, stretched valuations suggest cautious positioning for short-term traders.