Marico Complete - Company Analysis History In 1997, Harsh Mariwala joined his family business - Bombay Oil Industries. Mr. Mariwala in 1974 sets up a national distribution network for the distribution of Parachute and there Mr. Mariwala begins his branded FMCG market for edible oil and coconut oil. 1990 Marico was started by Mr. Mariwala. In 1991, Marico launched 'Hair & Cair', a non-sticky hair oil. In 1996, Marico lists on Indian Stock Exchanges. In 2002, Marico starts its skincare clinic venture 'Kaya skin clinic'. And the company kept launching new products like Saffola Oats, Parachute Body Lotion, Set Wet, etc. Company Analysis Marico is India’s 60th biggest company by Market Capitalisation. Marico is no. 3 in the FMCG – Personal Products segment based on its market capitalization. Marico has a market cap. more than Rs. 53,000 crore as of 30 January 2021. According to Marico 1 out of every 3 Indians use its products. Marico's brand portfolio includes bra
What is Nifty 50 and Sensex? Sensex was launched in 1986 by BSE and Nifty 50 was launched on 22 April in 1996. Nifty 50 and Sensex are the indices of India. Nifty 50 represents the top 50 companies of India listed on NSE and Sensex shows represent the top 30 companies of India on BSE. Indices represent the country's stock markets. Almost every having a portfolio in the same market of indices can compare their portfolio returns with indices and even mutual also compare their fund returns with indices. How to Nifty is calculated? Step 1: Calculate IWF(Investible Weight Factors) IWF is a unit of floating stock available for trading. IWF is total shares minus (addition of shareholding of the promoter, government holding in the capacity o strategic investor, shares held by promoters through ADR/GDRs, cross-holdings by associates or group companies, Employee Welfare Trust and Shares under lock-in category) and the answer is then divided by total shares. For this, an example is given b