Marico’s profits roar back. Can it sustain gains beyond copra windfall?
With revenue missing estimates and commodity prices remaining a wild card, the question is whether this optimism can last.
With revenue missing estimates and commodity prices remaining a wild card, the question is whether this optimism can last.
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Marico’s investors have reason to change their mind after the September quarter (Q2FY27) earnings announced post-market hours on Monday. The stock gained about 8% on Tuesday. Recall that the stock had slumped 9% after its Q1 results.
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Source: Mint Markets
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