May 7, 2019 / 3:55 AM / a month ago

BUZZ-India's Marico sees best session in near 5 months on solid Q4 profit

** Shares of Marico Ltd rise as much as 5 pct to 356.7 rupees, mark their biggest intraday pct gain since Dec 11, 2018

** The consumer products maker posted a more than two-fold jump in March-quarter consolidated profit on Monday

** About 1.7 mln shares change hands in early trade hours, compared with the 30-day average of about 1.6 mln shares

** At least 24 of 38 brokerages rate the stock “buy” or higher, 12 “hold” and two “sell” or lower; their median PT is 394 rupees

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