Marico will acquire the remaining 46.02% stake in HW Wellness Solutions, maker of True Elements, for ₹138 crore, making it a wholly owned unit. SEBI analyst Ashok Kumar Aggarwal said the move strengthens Marico's food business, adding healthy snacks and protein products. He sees strong fundamentals, technical strength, and a 15% upside with an ₹840 target.
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09:09 pm on
12 Sep