India, Nov. 8 -- Marico Limited is slowly but steadily evolving into a diversified FMCG company by moving away from being a pure play in coconut oil and edible oils to building a strong presence in premium personal care, nutrition and digital brands. The latest quarterly results reflect that this transformation is picking up.

With a market capitalisation of Rs. 1,16,725.82 crore, the shares of Marico Ltd were trading at Rs. 897.75 per share, up 1.13 per cent from its previous closing price of Rs. 887.75 per share. The stock trades at a P/E of 55.55x on a consolidated basis. Strong Earnings Provide a Foundation Marico's consolidated revenues rose by 13% YoY to Rs. 3,897 crore in Q2 FY27 from Rs. 3,450 crore, 27% increase in EBITDA to Rs....