Marico shares under pressure after business update; global brokerages expect up to 26% upside - Moneycontrol


4/5/2022 12:00:00 AM3 yearsago

The company's revenue growth in January-March was in low single digit while volumes were marginally positive on an exceptionally high 25 percent base, which led to double-digit volume growth on a two-year CAGR basis.

Marico stock is down over 2 percent in the morning session on April 6, a day after the company posted its business update for the January-March quarter. Revenue growth in the quarter was in low sing… [+3326 chars]

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