Marico shares hit new life high amid quarterly update; stock up 6% - check brokerages view, target here
The shares of fast-moving consumer goods (FMCG) major Marico hit a new all-time high to Rs 590 per share on Wednesday after surging by around 6 per cent on the BSE intraday trade as the company said that it sees revenue growth in the September-ended quarter in ‘the low twenties’.
The stock has briefly traded between 520-570 per share levels underperforming the benchmark index in the last 3 months: PTI