India, March 6 -- This Small-cap FMCG Stock, engaged in manufacturing and marketing packaged food products, including spices, instant mixes, ready-to-eat meals, and convenience foods under brands like MTR Foods, Eastern Condiments, and Rasoi Magic, jumped 9.65 percent after Citi gave a buy target of Rs. 750, which has an upside potential of 34.54 percent.

With a market capitalization of Rs. 7,957.70 crores, the share of Orkla India Limited has reached an intraday high of Rs. 611.25 per equity share, rising nearly 9.65 percent from its previous day's close price of Rs. 557.45. Since then, the stock has retreated and is currently trading at Rs. 580.90 per equity share.

Reason Behind the Surge Citi, a prominent brokerage firm, has recomme...