Business

Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls

Source: ET Markets ·

Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls

Marico reported a 31% YoY rise in Q2 FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. Improved margins and strong volume growth prompted brokerages Jefferies, Systematix and Dolat Capital to maintain or upgrade Buy ratings and raise target prices, signalling optimism about growth prospects.

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