Analysis Report: Marico Limited (BUY; Estimated Price: Rs. 630)

Marico Limited

About the Company

Marico Limited founded in 1987, is one of India's leading consumer products companies operating in the beauty and wellness space. Currently present in 25 countries across emerging markets of Asia and Africa, Marico has nurtured multiple brands in the categories of hair care, skin care, health foods, male grooming, and fabric care. Marico's India business markets household brands such as Parachute Advansed, Saffola,

Wholesale Price Index

Wholesale Price Index
     
        Introduction and Calculation methods:

• The Wholesale Price Index is the price of a representative basket of wholesale goods.  Countries like Japan, Greece, Turkey and Philippines use the changes in this index to measure inflation in their economies.
• The Indian WPI figure used to be released weekly on every Thursday. But since 2009, it has been made monthly. It also influences stock and fixed price markets. The Wholesale Price Index focuses on the price of goods traded between corporations. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. In India, inflation is measured by CPI (Consumer Price Index).