The shares of Marico fell over 4% on Wednesday as the FMCG company’s revenue grew in single digit in the last quarter. fell over 4% on Wednesday as the FMCG company’s revenue grew in single digit in the last quarter. Marico also informed the stock exchange that it had to opt for a price hike across FMCG categories. AdvertisementAdvertisementAdvertisementThe shares of Marico fell over 4% on Wednesday as the fast-moving consumer goods (FMCG) company’s revenue grew in single digit in the last quarter. Therefore, it has given an “underperform” call on Marico with a target price of ₹530.

Source: Economic Times April 06, 2022 16:35 UTC