Tuesday, 6 October 2026Updated 17m ago
Broker call▲ Bullish for Marico

Nomura retains 'Buy' on Marico, target price Rs1,000; sees strong Q2 growth

1 source · first seen 12:12 6 Oct · updated 12:12 6 Oct

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Part of a developing story5 updates over 2 days

Marico's Q2 growth outlook

Marico expected double-digit Q2 FY27 revenue growth, supported by domestic demand and gains in its international business; premium and specialised hair oils grew in the twenties. The company also expected to surpass near-term guidance and reported early-teens volume growth in Parachute Coconut Oil.

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1 report · earliest 12:12
MoneycontrolNomura retains 'Buy' on Marico, target price Rs1,000; sees strong Q2 growth12:12