Strong Q3 results boost Marico share price by 4%

Shares of Marico on Monday settled with gains of over 4 per cent after the FMCG major reported strong financial results for the third quarter of 2017-18. During the day, stock of the company opened on a bullish note at ~303.55 and rallied further to touch an intra-day high of ~ 311.95 on the BSE, up 4.68 per cent over its previous closing price. At the end of Monday’s trading, the stock was quoted at ~310.90, up 4.33 per cent on the BSE. Similar movement was seen on the NSE, where the stock opened at ~306.70, then touched an intra-day high of ~311.65 and ended at ~309.60.