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Marico and Kaya will collaborate on sales

04 July 20243 mins read by Angel One
FMCG company Marico Ltd. has announced its collaboration with Kaya Ltd., post this announcement Kaya Ltd.’s stock hit a 10% upper circuit limit.
Marico and Kaya will collaborate on sales
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Marico Company, a leading fast-moving consumer goods (FMCG) company, will handle exclusive marketing and sales for Kaya’s personal care 75 products. The collaborations between Marico and Kaya will bring both companies expertise, and with their capabilities, they can unfold the potential wealth for Kaya. Marico’s first target was to enhance the brand value, and diversity of the untapped market, increase sales in the major markets, and cover the entire Indian market for the kaya in the personal care product category.

Kaya’s 84% growth in just 16 sessions:

In the last year’s time, the kaya’s share value has risen from 271.30 to 499.45 rupees per share, which is 84% growth overall, but in 2015, the stock price was 1500. This significant 66% lower performance of the stock of Kaya they want to change now, and that’s why this collaboration will play a very important role, after this announcement, The stock has locked in 10% upper circuit limit.

All about Kaya:

Kaya’s range of products and services are designed to cater to a wide variety of skin and hair concerns, ensuring that customers can find the perfect solution for their individual needs. Whether customers are looking to combat signs of aging, achieve a brighter complexion, clear up acne and scars, or simply pamper customers with a relaxing beauty facial or body contouring treatment, delivered by Kaya,. With their expertise in dermatology and cutting-edge technology, Kaya is committed to helping customers achieve healthy, radiant skin and hair that they can feel confident in.

Mr. Rajiv Suri, Global CEO of Kaya Limited, is very excited about this collaboration and expects that their presence will widen with this collaboration all over India with Marico.

Conclusion: Kaya has made an excellent decision after seeing the 84% growth in stock in less than a year. With this collaboration with Marico, the stock will shoot, and Kaya is targeting the next year to reach the stock price near the 1500 mark.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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