Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

Shares of FMCG company Marico shot up 9.3% to an intraday high of Rs 687.30 on the BSE after the company on Tuesday reported a 20% in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago. … Read more

Aurobindo Pharma Q1 results: Net profit up 23% to Rs 781 cr

Aurobindo Pharma Q1 results: Net profit up 23% to Rs 781 cr

NEW DELHI: Drug firm Aurobindo Pharma on Wednesday reported a 22.81 per cent rise in its consolidated net profit to Rs 780.68 crore for the quarter ended on June 30, 2020, mainly on account of robust sales in the US market. The company had posted a net profit of Rs 635.68 crore for the corresponding … Read more