Nomura retains 'Buy' on Marico, target price Rs1,000; sees strong Q2 growth

Nomura retained its 'Buy' rating on Marico with a target price of Rs1,000 after the company's 2QFY27E update pointed to better-than-expected sales and volume growth. The brokerage expects Marico to "surpass its near-term guidance".Marico expects consolidated revenue growth in double-digits year-on…