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Marico Q1 Results Review - Steady Progress On Key Parameters: ICICI Securities

The brokerage maintains Buy rating on the stock with a DCF-based revised target price of Rs 780 (earlier Rs 750).

<div class="paragraphs"><p>Marico's Parachute hair oil bottles on shelves inside an APMC market in Vashi, Mumbai. (Source: Vijay Sartape/NDTV Profit)</p></div>
Marico's Parachute hair oil bottles on shelves inside an APMC market in Vashi, Mumbai. (Source: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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