Marico Shares Jump Over 4% on Strong Q1 Business Update

Marico Ltd's shares surged over 4% on July 4, bucking weak market sentiment, after posting an encouraging Q1 FY26 business update. The company reported steady urban demand and improving rural trends, with expectations of continued growth due to easing inflation and policy support. Despite a slight dip in Parachute volumes, Saffola Oils saw strong revenue growth, boosted by recent price cuts. By 10:40 a.m., shares traded at ₹729.85, up 2.3% after trimming early gains.