Marico shares rise 6% after Q2 profit jumps 31%
In short
Marico shares rose about 6% after the company said Q2 FY27 net profit was Rs 550 crore, up 31% from a year earlier. Revenue rose 12% to Rs 3,897 crore.
Brokerages like Jefferies, Systematix and Dolat Capital turned more upbeat, with Buy ratings and higher target prices. The report does not give the exact new price targets.
What the reporting says
Marico shares jumped about 6% after the company reported Q2 FY27 net profit of Rs 550 crore, up 31% year on year, and revenue of Rs 3,897 crore, up 12%. The company also cited improved margins and strong volume growth, which led Jefferies, Systematix and Dolat Capital to keep or raise Buy ratings and target prices. The source does not give the new targets or the full forecast outlook.
Why it matters
Marico reported Q2 FY27 net profit of Rs 550 crore, up 31% year on year, with revenue rising 12% to Rs 3,897 crore. The market reaction was a roughly 6% share-price jump, and brokerages including Jefferies, Systematix and Dolat Capital kept or upgraded Buy calls and raised target prices. The reporting points to stronger margins and volume growth, but does not provide the updated valuation targets.