Marico sees best session in near five months on solid Q4 profit

Reuters Mumbai | Updated on May 07, 2019 Published on May 07, 2019

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Shares of Marico Limited rose as much as five per cent to Rs 356.7, marking their biggest intra-day per cent gain since December 11, 2018.

The consumer products maker posted a more than two-fold jump in March-quarter consolidated profit on Monday.

About 1.7 million shares change hands in early trade hours, compared to the 30-day average of about 1.6 million shares.

Published on May 07, 2019
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