New Delhi, March 28 -- Marico Ltd has held up better than its FMCG peers amid muted urban demand. While the Nifty FMCG index has dropped 19% over the past six months, Marico's stock has declined by just 6%, reflecting its relative resilience.

The company's stronghold in Parachute coconut oil and Saffola edible oils, along with steady growth in newer categories like personal care and foods, has provided a solid cushion.

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"Notably, Marico has been one of the most resilient companies witnessing consistent improvement in volume growth during FY25 despite price hikes," said a report by Antique Stock Broking. The brokerage noted that cumulative pric...