Marico to acquire 51% stake in Bonorizon Consumer Ventures for ₹35 crore
Marico pursued an acquisition.
· BS Companies
The FMCG major will acquire the stake through primary subscription and retain the right to purchase the remaining equity after three years, subject to certain…
The analysis
Marico reported ₹35 crore, with movement of 51% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.1% on the day at ₹897.75, and has returned +4.4% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The fmcg sector has moved -5.2% over the same period, so Marico is running 9.6 points ahead of its peers.
For Marico, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Market context
- In focus: Marico (MARICO), in FMCG.
- Over three months: Marico +4.4% against FMCG -5.2% (9.6 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MaricoMARICO · FMCG | ₹897.75 | +1.1% | +13.1% | +4.4% | 0.0% | 1.0× | — |
FMCG
1M -0.2% · 3M -5.2%
Marico
Consumer & Retail
1M -1.4% · 3M -6.7%
Consumer Durables
1M -1.0% · 3M -8.9%
Prices as of 6 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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