Marico and IOB are among 37 companies set to announce Q4 earnings on Wednesday. Analysts anticipate Marico’s revenue to rise by 17% YoY, driven by price hikes and international growth. However, margin pressure is expected to limit profit growth to a marginal 3% YoY, with EBITDA estimated to increase by 4% YoY.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase