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