Marico shares surge 10% on Q4 results; brokerages turn upbeat

[ad_1] Shares of Marico Ltd zoomed 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit in quarter that ended March 2024. A few brokerages even upgraded the FMCG company post-results and hiked price targets.The stock ended at ₹582.10...

Stock to sell Today 04 april 2024 marico 406

[ad_1] Marico’s stock has been on a downtrend since September last year. It began to depreciate on the back of the resistance at ₹600. In early March this year, the scrip slipped below a key support at ₹515, opening the...

D2C brands biggest disruptions to FMCG players: Harsh Mariwala

[ad_1] Marico founder Harsh Mariwala believes Direct-to-Consumer (D2C) brands are the biggest disruption to FMCG companies.“Entry barriers in terms of distribution, and advertising have vanished with the emergence of e-commerce, and digital marketing making D2C brands the biggest disruption to...