Analyst's Picks: MID CAP : Marico
Consolidated net sales of Marico recorded a 23% YoY growth, largely led by 15% price increases and 7% volume growth.
By ET Bureau |
Marico
CMP: Rs 58
Consolidated net sales of Marico recorded a 23% YoY growth, largely led by 15% price increases and 7% volume growth. Brands in pure coconut oil category ��� Parachute & Nihar ��� have reported a volume growth of 9% and 15%, respectively. GLobal business grew 44% YoY. Decline in copra and safflower oil prices benefited the co.
CMP: Rs 58
Consolidated net sales of Marico recorded a 23% YoY growth, largely led by 15% price increases and 7% volume growth. Brands in pure coconut oil category ��� Parachute & Nihar ��� have reported a volume growth of 9% and 15%, respectively. GLobal business grew 44% YoY. Decline in copra and safflower oil prices benefited the co.
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