Marico's volume growth isn't luck: Abneesh Roy
Synopsis Marico is experiencing its strongest volume growth in quarters, signaling a genuine FMCG sector turnaround, not a statistical blip. Analyst Abneesh Roy anticipates this
Synopsis Marico is experiencing its strongest volume growth in quarters, signaling a genuine FMCG sector turnaround, not a statistical blip. Analyst Abneesh Roy anticipates this recovery to persist for at least two more quarters. Marico's raw material costs, particularly copra, have significantly decreased, positioning the company for a substantial margin improvement. This, coupled with aggressive, makes Marico a standout performer.