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Higher sales growth for Marico contingent on rural demand recovery

Brokerages have a mixed view on the stock; scale up of foods segment key for further gains

Topics
Marico | rural development

Ram Prasad Sahu 



Marico logo. (Photo: Marico website)
Marico logo. (Photo: Marico website)

Pegged back by sluggish show in the rural segment, Marico’s December quarter performance for the 2022-23 financial year (Q3FY23) undershot Street expectations.

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First Published: Thu, January 05 2023. 21:22 IST

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