The report upgrades Marico from Accumulate to Buy citing healthy demand outlook, raised EBITDA growth guidance to mid-20s, advancement of the Rs200bn revenue target to 2029, subdued competitive intensity in Parachute, and sustained traction in Foods/FMCG and digital-first brands, setting a target price of Rs 958 based on 45x Sep28 EPS.
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Formerly known as Way2Wealth
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Prabhudas Lilladher
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1 note from Prabhudas Lilladher · since 11 Oct 2026, 00:37 IST