 "Marico")
From its lows last week, the stock of consumer major Marico is up 7 per cent on the back of a better than expected June quarter performance and robust outlook going ahead.
In a pre-quarter update, the management indicated that domestic volume growth should witness an improvement in FY25, while other segments (growth portfolio, international business) too would see traction going ahead.
The near-term trigger is strong sales and operating performance for Q1FY25.
While the company indicated that consolidated revenue growth would be in high single digits, brokerages peg the same at around 7-8 per cent. The
