Marico Share Price Gains Nearly 1% After Q4 Business Update; Key Highlights Inside

Marico Share Price Up 1% After Q4 Update: Strong Volume Growth & Market Share Gains in India

📈 Positive Movement: Marico’s shares rose by 0.92% to ₹662.5 on the NSE, following a strong Q4 business update. As of 1:53 PM, the stock was trading at ₹657.2, up 0.11%.
🇮🇳 India Business Performance: The company reported sequential growth in underlying volumes and rising market shares across key franchises in its India business.
🥥 Product Highlights:
- Parachute Coconut Oil saw a temporary dip in volumes due to pricing hikes and ml-age reduction in certain packs.
- Saffola Oils posted impressive revenue growth in the twenties, driven by strategic pricing.
- Hair Oils and Foods segments showed steady growth, while Premium Personal Care continued strong momentum.

Marico continues to see a stable demand environment with positive trends across rural and urban markets.