Deal▲ Bullish for Marico
Marico lifts PLIX stake to 84.09% with ₹1,012 crore acquisition
The brief
- Marico bought another 24.09% of Satiya Nutraceuticals for ₹1,012 crore
- The remaining stake is due in July 2027
- The acquisition expands Marico’s exposure to the fast-growing consumer wellness market
- Marico Q2 Update: Co optimistic of surpassing near-term guidance, sees margin improvement; Stock gains
- Marico expects double-digit revenue growth in Q2 on strong demand
- Marico’s core franchises expected to power a strong Q2 as FMCG demand holds firm
- Nifty FMCG falls 6% in six months. Can festive demand trigger a recovery? | Marico, HUL, Tata Consumer among top picks