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via livemint.comBusiness & Companies

Marico raises growth targets after strong Q2

FROM THE WIRE · LIVEMINT.COM

Copra prices, Marico's most important raw material cost, fell 31% from a year earlier. However, liquid paraffin and packaging costs remained elevated.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRaised growth targets matter for the stock, although no ticker was provided in the item.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Copra prices, Marico's most important raw material, fell 31% year on year.
  2. 02Liquid paraffin and packaging costs remained elevated.
  3. 03Marico raised its growth targets after a strong second quarter.

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