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Marico rises on launching Parachute Advansed Olive Enriched Coconut Hair Oil

Through this product, the brand aims to connect with the contemporary, digitally-savvy consumer who is well-informed about emerging beauty trends and ingredients

Marico is currently trading at Rs. 732.25, up by 1.65 points or 0.23% from its previous closing of Rs. 730.60 on the BSE.

The scrip opened at Rs. 738.75 and has touched a high and low of Rs. 738.75 and Rs. 724.65 respectively. So far 13999 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 761.45 on 04-Sep-2025 and a 52 week low of Rs. 577.90 on 04-Mar-2025.

Last one week high and low of the scrip stood at Rs. 761.45 and Rs. 724.65 respectively. The current market cap of the company is Rs. 94857.32 crore.

The promoters holding in the company stood at 59.03%, while Institutions and Non-Institutions held 36.32% and 4.65% respectively.

Marico has launched Parachute Advansed’s latest variant in its premium hair nourishment range -- Parachute Advansed Olive Enriched Coconut Hair Oil. This launch positions Olive as a vital ingredient for hair nourishment and strength, while reinforcing the brand’s portfolio of natural haircare solutions. Through this product, the brand aims to connect with the contemporary, digitally-savvy consumer who is well-informed about emerging beauty trends and ingredients.

This unique superblend of Coconut-based hair oil and Olive helps reduce hair fall and makes hair stronger and smoother. Olive, known for its nourishing properties, helps reduce breakage and supports healthy hair growth. Coconut-based hair oil, on the other hand, helps lock in protein, promoting up to 10x stronger hair. Together, this powerful combination reduces hair fall by up to 10x, giving up to 90% stronger hair. The blend of these two potent ingredients delivers intense nourishment, making it ideal for those seeking long-term hair strength.

Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space.