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Analysts turn bullish on Marico after Q4 results

Citi has reiterated its buy recommendation on Marico but raised the target price to Rs 610 per share. Analysts anticipate an improvement in growth trajectory for FY25, driven by accelerated volume growth and pricing-led strategies. ....

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Marico shares in green after Q3 profit surges 16%

For the quarter ended December 31, 2023, more than three-fourths of Marico’s portfolio sustained or gained market share. ....

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Marico's consolidated revenue declines in Q3; no sign of rural recovery, low input cost to support margins

Marico said the domestic volumes grew in low single digits on a year-on-year basis with a slight sequential improvement in its core portfolio. ....

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Marico Q3 Update: Domestic volumes see low single-digit growth amid weak rural demand

Marico s Q3 FY24 domestic volumes grew in low single digits on a year-on-year basis, with low single-digit volume growth in Parachute Coconut Oil and Saffola Edible Oils, along with low single-digit value growth in Value Added Hair Oils. ....

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Marico shares tank 3%, reports lower consolidated revenue; MS, Macquarie bullish

Despite reporting lower consolidated revenue on a year-on-year basis, Macquarie and Morgan Stanley are bullish on Marico ....

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