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Sharekhan Research Team Endorses our Selected Stock

Posted By On 6:37 PM Under

1. Our research team has recommended investment in Marico long time back and since than it is trading 81% above the Sensex levels in comparison. Keeping in lines with our bullishness on Marico, even Sharekhan Research Team has placed the stock as an Apple Green investment and has projected the price of Rs 71 for the stock.

2. The bullishness in the stock is being maintained in view of reduction in the prices of its key raw materials, copra and kardi oil (safflower oil) and thus its key brand Saffola will be able to make a higher dent among the population by virtue of reduced rate in its prices which can be as high as 30% for Safolla in the market.

3. Thus investors can safely invest in this stock for reasonable to decent and sure shot returns.

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