05 December 2010

Goldman Sachs: Buy Marico : India: Conviction List

Bookmark and Share
Visit http://indiaer.blogspot.com/ for complete details �� ��


Consumer Staples: Marico (MRCO.BO, Buy)
• We expect Marico to exhibit sustained value growth on the back of a strong domestic business led by franchise brands - Parachute and
Saffola) and the high growth international business
• In our view, current valuations do not capture the high growth and return potential and we see a potential upside of 17%




No comments:

Post a Comment