Marico Industries has transformed itself into one of most the promising growth plays in the fast moving consumer goods (FMCG) sector through a significant shift in strategy and a changing product profile.Investors with three year horizon can consider adding the stock to their portfolio,given the several growth engines a healthy pipeline of new products,an expanding presence in the beauty and wellness space and string of overseas acquisitions.However,the stock may be more suited to aggressive investors,as the acquisition led strategy and the stock's current valuation levels (30 times trailing 12 month earnings) peg up risks.
展开▼
