Morgan Stanley has maintained an Equal weight’ stance on the Marico stock for a price target of Rs 553. In a note it said that the environment of no to low top-line growth persists which is a constraint on profitability in the general trade channel and remains an overhang for the FMCG sector as a whole.
8 AMCs see surge by over Rs 10,000 crore in their AUM in June
Eight mutual fund houses witnessed a surge of more than Rs 10,000 crore in their respective AUMs. There are 45 mutual fund houses in the