From BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Marico surges 8% after Q2 earnings beat; analysts raise targets
What's behind this
Marico says it is on track to meet its full‑year goals and is targeting a revenue of ₹20,000 crore by FY30 as it deepens its digital bets. The company is pursuing its Vision 2030 under a “Fewer, Bigger, Bolder and Faster” strategy. It expects double‑digit volume growth in India and mid‑teens growth internationally. Marico is also shifting its Saffola brand toward higher‑margin products, and CEO Saugata Gupta says the business should return to profitable growth within the next two to three quarters.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
right · 1 outlet
The stock opened at ₹832.55 and has traded in a range of ₹826.05 to ₹865 through the session. Trading volumes were heavy, with over 90.69 lakh shares changing hands, translating to a traded value of ₹770.55 crore.
RSS excerpt
The stock opened at ₹832.55 and has traded in a range of ₹826.05 to ₹865 through the session. Trading volumes were heavy, with over 90.69 lakh shares changing hands, translating to a traded value of ₹770.55 crore.
