Marico share prices rose as much as 9.3% during today’s trading session after its second quarter earnings yesterday showed a 20% jump in net profit
Marico share prices was rose much as 9.3% during today’s trading session following the announcement of its second quarter earnings yesterday which showed the FMCG giant saw a 20% jump in net profit compared to the same quarter of the previous year.
Marico share price: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020.(Francis Mascarenhas/Reuters)
The company’s shares rose to an intra-day high of ₹687.30, which is a 9.303% gain over its previous close of ₹628.80.
Even the opening was optimistic, with the shares opening 6.5% up or at ₹669.95 from its previous close.
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News/Business/ Marico share price up 9% after Q2 results showed 20% net profit uptick