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[hfe_template id='11223'] [ad_1] Even as initial election verdict trends triggered a bloodbath in domestic markets, around 270 stocks including Hindustan Unilever (HUL), Dabur, DMart, Marico resisted the negative sentiments. Early trends suggested that NDA is in pole position to form the government for the third consecutive term but unlikely to gain a brute majority of over 400 seats. This led to benchmark indices Sensex and Nifty losing over 7% in what is the biggest intraday fall in over 2 years. While HUL was the top gainer in the Nifty pack with over 4% jump, Dabur and Dmart were up over 1%. In the overall market, around 3465 stocks are trading with cuts. Around 82 stocks are locked in the upper circuit limit, while 855 names are locked in lower circuit. Some others which are seeing a rally despite the market freefall include Data Infrastructure, Ashiana Ispat, Sanwaria Consumer, Titaanium Ten Enterprises, Icon Engineers, Soni Medicare and others. Overall, if the NDA...

[hfe_template id='11223'] [ad_1] Shares of Marico jumped 10% on BSE in Tuesday's trade to the day’s high of Rs 583 after the FMCG major on Monday reported a 5% year-on-year (YoY) jump in its March quarter consolidated net profit at Rs 320 crore. The revenue from operations rose merely 1.7% YoY to Rs 2,278 crore from Rs 2,240 crore in the year-ago quarter although the company managed to trim its expenses to Rs 1,894 crore in Q4FY24 from Rs 1,970 crore in Q3FY24 and Rs 1,907 crore in Q4FY23. Brokerages share a mixed view on the stock post the March quarter results. Here’s what they have to say: Motilal Oswal Motilal Oswal says that the improvement in rural market, market share gain, accelerated growth in foods and premium personal care, healthy growth in international business, and the normalization of price cuts should help MRCO deliver better revenue in FY25-26E. They added that Marico has also been sustaining double-digit EBITDA growth. They have a ‘buy’ rating main...