Home کاروبار Marico share price up 9% after Q2 results showed 20% net profit uptick

Marico share price up 9% after Q2 results showed 20% net profit uptick

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Oct 30, 2024 10:17 AM IST

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)
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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