NSE: MARICO · 23 October 2026
- Marico Limited shares declined by 1.50% on October 23, 2026, settling near the lower end of the day's range. The stock opened at ₹773.80, touched a high of ₹773.80, and fell to an intraday low of ₹757.05 before closing at ₹763.35 compared to its previous close of ₹775.00.
- Marico highlighted significant progress in its climate action journey on the International Day of Climate Action. The company announced an 89.3% reduction in Scope 1 and Scope 2 GHG emissions intensity compared to its FY13 baseline, alongside a 29.95% reduction in Scope 3 GHG emissions intensity against its FY19 baseline. Renewable energy accounted for 77.3% of its operational energy consumption in FY2025-26, supported by an emissions intensity of 0.84 tCO₂e per crore of revenue.
- Trading volume was 1.01 times the 20-day average daily volume.
Why is MARICO share price falling on 23 October 2026?
Marico Limited shares declined by 1.50% on October 23, 2026, settling near the lower end of the day's range. The stock opened at ₹773.80, touched a high of ₹773.80, and fell to an intraday low of ₹757.05 before closing at ₹763.35 compared to its previous close of ₹775.00.
The broader market and sector benchmarks also faced downward pressure during the session, providing a challenging macroeconomic backdrop. The Nifty index declined by 0.90%, while the Nifty FMCG sector benchmark fell by 0.99%. Marico's pullback aligns with this broader sectoral weakness and is part of a near-term correction, marked by a 3.16% drop over the past 5 trading days and an 8.28% decline over the past 20 trading days.
On the corporate front, Marico recently highlighted its sustainability milestones on the International Day of Climate Action, reporting an 89.3% reduction in operational emissions intensity since FY13 alongside a 29.95% reduction in Scope 3 GHG emissions against its FY19 baseline. While this environmental update underscores the company's long-term ESG commitments, there is no direct evidence linking this announcement or its recent strategic acquisition of an additional stake in Satiya Nutraceuticals to today's share price movement.
15.72 lakh shares traded by 23 October 2026 · 03:00 PM IST. This compares with a 20-day average daily volume of 15.62 lakh shares (1.01 times). The five-day average daily volume was 17.21 lakh shares. Separately, the NSE report for 22 October 2026 showed 7.28 lakh shares delivered, representing 57.88% of that day’s traded volume. The same report recorded 44,991 trades.
The decline in Marico shares appears consistent with broader downward pressure across the Nifty FMCG sector and general market weakness, continuing a recent multi-session retracement without any specific negative catalyst reported today.
Latest Company Developments
Marico highlighted significant progress in its climate action journey on the International Day of Climate Action. The company announced an 89.3% reduction in Scope 1 and Scope 2 GHG emissions intensity compared to its FY13 baseline, alongside a 29.95% reduction in Scope 3 GHG emissions intensity against its FY19 baseline. Renewable energy accounted for 77.3% of its operational energy consumption in FY2025-26, supported by an emissions intensity of 0.84 tCO₂e per crore of revenue.
Demonstrates measurable progress toward the company's ESG 2030 Roadmap and long-term Net Zero ambitions.
Marico entered into definitive agreements to acquire a 38.18% stake in Satiya Nutraceuticals Private Limited in tranches from its founders and other shareholders. As part of this transaction, Marico acquired an initial 24.09% stake for ₹1,012.03 crores on October 5, 2026, increasing its aggregate shareholding from 60% to 84.09% on a fully diluted basis. The remaining 14.09% stake is scheduled to be acquired in July 2027.
Expands Marico's total addressable market in value-added foods and nutrition segments while scaling its presence in wellness categories.
Marico released its operational update for the quarter ended September 30, 2026, noting that domestic demand remained resilient despite a volatile operating environment. The India business delivered double-digit underlying volume growth, led by robust performances in Parachute Coconut Oil and Value Added Hair Oils. Consolidated revenue is expected to grow in double digits with operating profit anticipated to rise in the mid-twenties.
Provides early visibility into strong volume growth and margin acceleration ahead of the detailed financial results.
Please find attached a press release by Marico Limited, titled Marico Marks International Day of Climate Action with 89.3% Reduction in Operational Emissions Intensity Since FY13 .
an update on the operating performance and demand trends witnessed during the quarter 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
- Upcoming un-audited consolidated and standalone financial results for the quarter and half year ended September 30, 2026, scheduled for November 2, 2026.
- Management commentary during the upcoming analyst conference call regarding volume growth durability and gross margin trends.
- Integration progress and scaling of recently acquired digital-first nutrition and wellness brands such as Plix and True Elements.
- Delivery volume patterns and institutional participation levels near current support zones.
Other Dated Coverage
- MARICO Share Price Today: Why MARICO Is Falling 0.08% | 22 October 2026 — 22 October 2026
- MARICO Share Price Today: Why MARICO Is Falling 0.87% | 7 October 2026 — 7 October 2026
- Why Marico Shares Rose 0.53% Today: Key Market Drivers | 6 October 2026 — 6 October 2026
More MARICO news and dated analysis →
Frequently Asked Questions
What is the latest MARICO company news?
Marico highlighted significant progress in its climate action journey on the International Day of Climate Action. The company announced an 89.3% reduction in Scope 1 and Scope 2 GHG emissions intensity compared to its FY13 baseline, alongside a 29.95% reduction in Scope 3 GHG emissions intensity against its FY19 baseline. Renewable energy accounted for 77.3% of its operational energy consumption in FY2025-26, supported by an emissions intensity of 0.84 tCO₂e per crore of revenue.
How strong was MARICO’s trading volume?
15.72 lakh shares traded, 1.01 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:00 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.