NSE: MARICO · 3 November 2026
- Marico Limited shares surged 10.00% today, closing at ₹878.40 after touching an intraday high of ₹878.40 and opening at ₹836.65.
- Marico Limited announced that its Board of Directors approved the appointment of Mr. Rohit Jawa as an Additional Director in the capacity of Independent Director for a 5-year term effective January 1, 2027. Mr. Jawa brings over 38 years of corporate and leadership experience, having previously served as Managing Director and CEO of Hindustan Unilever Limited and President of Unilever South Asia. The appointment is subject to shareholder approval via postal ballot.
- Trading volume was 7.63 times the 20-day average daily volume.
Why is MARICO share price rising on 3 November 2026?
Marico Limited shares surged 10.00% today, closing at ₹878.40 after touching an intraday high of ₹878.40 and opening at ₹836.65.
The broader market exhibited strong positive momentum, with the benchmark Nifty advancing 1.58%. Marico notably outperformed both the broader market and its sectoral benchmark, the Nifty FMCG index, which gained 3.65% during the session. The stock's robust upmove builds upon recent strength, reflecting a 5-day return of 13.17% and a 20-day return of 11.19%.
Furthermore, recent strategic corporate updates—such as the board's decision to appoint industry veteran Rohit Jawa as an Independent Director and the ongoing integration of recent acquisitions like Satiya Nutraceuticals—have continued to shape investor sentiment.
1.37 crore shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 17.91 lakh shares (7.63 times). The five-day average daily volume was 21.39 lakh shares. Separately, the NSE report for 2 November 2026 showed 10.02 lakh shares delivered, representing 43.73% of that day’s traded volume. The same report recorded 37,338 trades.
The stock rallied sharply on robust cash volumes, outperforming both the Nifty and the Nifty FMCG sector index. While recent financial updates and leadership appointments provide positive fundamental context, the magnitude of today's gain also reflects strong continuation buying following recent positive returns.
Latest Company Developments
Marico Limited announced that its Board of Directors approved the appointment of Mr. Rohit Jawa as an Additional Director in the capacity of Independent Director for a 5-year term effective January 1, 2027. Mr. Jawa brings over 38 years of corporate and leadership experience, having previously served as Managing Director and CEO of Hindustan Unilever Limited and President of Unilever South Asia. The appointment is subject to shareholder approval via postal ballot.
Bringing in an executive of his stature strengthens the board's leadership depth and governance oversight as the company drives its multi-category growth strategy.
Marico released its un-audited consolidated financial results for the quarter and half year ended September 30, 2026, showcasing robust performance driven by volume-led growth. India business revenue rose 10% year-on-year, while the International business grew 23% in INR terms. Consolidated gross margins expanded significantly, underpinned by sustained momentum in core brands and recent acquisitions.
Strong quarterly earnings performance directly validates the company's growth execution and margin expansion trajectory, bolstering investor confidence.
Marico completed the acquisition of an additional 24.09% stake in Satiya Nutraceuticals Private Limited, which owns the D2C plant-based nutrition brand 'PLIX', increasing its total equity holding to 84.09% on a fully diluted basis. The cash transaction involved a consideration of ₹1,012.03 crores for the current tranche. The acquisition aims to expand Marico's addressable market in high-growth health, wellness, and nutrition segments.
Increasing ownership in a fast-growing D2C brand accelerates Marico's portfolio premiumization and diversification into emerging wellness categories.
Please find enclosed an intimation on the appointment of Mr. Rohit Jawa (DIN: 10063590) as an Additional Director in the capacity of Independent Director.
Please find enclosed the Information Update along with an earnings presentation on the un-audited consolidated and standalone financial results of the Company for the quarter and half year ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 9.19% on 30 September 2026. This compares with 8.43% on 30 June 2026, a change of +0.76 percentage points.
The filing reported 44 MF/UTI holders.
What to Watch Next
- Execution progress and revenue scale-up of recently consolidated brands such as PLIX and 4700BC
- Consumer demand trends in rural and urban markets across key portfolios like Parachute and Saffola
- Input cost movements and gross margin sustainability in upcoming quarters
- Shareholder approval outcomes regarding upcoming corporate governance and board appointments
Other Dated Coverage
- MARICO Share Price Today: Why MARICO Is Falling 0.18% | 2 November 2026 — 2 November 2026
- MARICO Share Price Today: Why MARICO Is Falling 1.50% | 23 October 2026 — 23 October 2026
- MARICO Share Price Today: Why MARICO Is Falling 0.08% | 22 October 2026 — 22 October 2026
More MARICO news and dated analysis →
Frequently Asked Questions
What is the latest MARICO company news?
Marico Limited announced that its Board of Directors approved the appointment of Mr. Rohit Jawa as an Additional Director in the capacity of Independent Director for a 5-year term effective January 1, 2027. Mr. Jawa brings over 38 years of corporate and leadership experience, having previously served as Managing Director and CEO of Hindustan Unilever Limited and President of Unilever South Asia. The appointment is subject to shareholder approval via postal ballot.
How strong was MARICO’s trading volume?
1.37 crore shares traded, 7.63 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.