Mumbai-based multinational fast-moving consumer goods (FMCG) giant, Marico, on Wednesday, 4 February 2026, announced that the company is set to acquire a majority stake in a health & wellness firm, Cosmix Wellness Pvt. Ltd for nearly ₹226 crore, according to an exchange filing. As per the acquisition deal, Marico will acquire a 60% stake in…
JM Financial Institutional Securities estimates Q3 gross margin at around 44%, up 135 basis points sequentially, with Ebitda margin rising to 16.5%. Operating profit growth for Q3 is projected in double digits, improving from mid-single-digit growth in H1FY26. In H1, EBITDA margin had fallen 360 bps year-on-year to 18.1%, primarily due to steep copra price…
Stocks to buy: As we step into the new year after a volatile but rewarding 2025, experts remain bullish on the Indian stock markets for 2026. Market participants are increasingly focusing on fundamentally strong stocks with favorable technical setups. With broader indices consolidating near record levels, selective stock-specific opportunities are expected to drive returns in…
Indian stock market: The key Indian indices, Sensex and Nifty 50, were expected to open flat with a negative bias on Tuesday, December 30, amid thin trading volumes and weak cues from global markets. Early signals from the Gift Nifty also suggested a subdued start for domestic equities, with the index trading near the 25,936…
