Marico Ltd. informed the exchanges today that the company's new plant situated at Sanand, Gujarat to manufacture personal care products has successfully commenced its commercial production yesterday, on January 28, 2020.

The stock surged more than 2% in trade today on the news development.

This is the first plant of the Company in Gujarat which is now operational. 

Stock view:
Marico Ltd is currently trading at Rs342.30 up by Rs7.25 or 2.16% from its previous closing of Rs335.05 on the BSE.

The scrip opened at Rs335.05 and has touched a high and low of Rs342.65 and Rs335.05 respectively. So far 4,63,846 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs43,253.09cr.

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