Marico531642FMCG consumer products
Marico's Q2 business update showed strong double-digit domestic volume growth; JP Morgan maintained overweight
- Expected EBITDA growth
- mid-20s percent
- JP Morgan estimate for EBITDA growth
- 22 percent
- JP Morgan target price
- 915 rupees
Heard on business television between 08:55:40 - 08:58:40 IST.
- Strong Q2 revenue backed by double-digit domestic volume growth.
- Mid-20s EBITDA growth likely, ahead of 22% estimate.
- JP Morgan maintained overweight with target price of 915 rupees, calling it among the best-placed staples names in the FMCG pack.
- Guest said falling copra prices should accelerate gross margin and EBITDA margin expansion, making Marico attractive; also noted a recently announced acquisition not yet analyzed.
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Source: Live TV News Channel · 6 Oct 2026
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