Marico Shares Climb 8% as Q2 Profit Beats Estimates
Marico reported a rise in consolidated net profit for the September quarter, beating market estimates amid lower copra costs and healthy demand. Its shares rose to Rs 864.10 on the NSE.
Marico shares surged more than 8 percent on Tuesday after the FMCG major reported a 31 percent rise in consolidated net profit for the September quarter, beating market estimates on the back of lower copra costs and healthy demand.The stock rose 8.21 percent to Rs 864.10 per share on the NSE at aro…