Sensex Today | Stock Market LIVE Updates: Marico falls most in nearly 1 year on weak Q2 update




Shares of Marico fall as much as 4.7% to 543.90 rupees, their steepest intra day pct fall since Nov. 7, 2022
Consumer goods maker says its Sept-qtr rev dipped on YoY basis as rising food prices and low rainfall delayed recovery in rural demand
Analysts at Nuvama expect Marico's Q2 consol rev to dip 2% YoY; EBITDA margin to expand as prices of copra and edible oil stay favourable
Macquarie analysts foresee a 5% decline in domestic sales, leading to a 1% decline in overall sales
Mean rating of 39 analysts tracking MRCO at "buy"; median PT is 608 rupees - LSEG data
Including session's move, stock up ~7% YTD

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