Broker call▲ Bullish for Marico
Nomura retains 'Buy' on Marico, target price Rs1,000; sees strong Q2 growth
- 758% Jump in One Year: This Multibagger Stock Jumped Nearly 5% in Trade Today. Here's Why
- Jefferies, Nomura and Macquarie initiate coverage on 5 stocks with up to 30% upside potential. See full list
- Nomura initiates Sterlite Technologies at Buy with ₹1,350 target
- Nifty Target Slashed To 24,000 As India-US Yield Spread Hits 22-Year Low: Nomura Bets On IT, Banks
- Nomura names Marico, Tata Consumer, ITC top picks as monsoon deficit raises rural demand concerns
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.
Tuesday, 6 October
- Nomura retains 'Buy' on Marico, target price Rs1,000; sees strong Q2 growth