Marico’s shopping spree powers growth, but also raises the stakes
Close on the heels of industry-beating growth, recent reports of back-to-back strategic acquisitions promise to further cement Marico’s leadership. The stock has gained 4.5% since the announcement of the acquisition of 4700BC on 26 January. But risks can limit earnings upgrades. Let’s discuss. Acquisition heft lifts sentiment The FMCG major has completed three acquisitions in…