📰 ET Markets 🟢 BULLISH 🕒 03 Nov 2026, 09:28 AM IST

Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls

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Core Development: Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls

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Market & Financial Impact: Marico reported a 31% YoY rise in Q2 FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. Improved margins and strong volume growth prompted brokerages Jefferies, Systematix and Dolat Capital to maintain or upgrade Buy ratings and raise target prices, signalling optimism about growth prospects.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Jefferies maintained its ‘Buy’ rating on the shares of Marico and raised its target price to Rs 1,035 apiece.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish calls

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