Chart Of The Day – Marico Surges To Record High As Copra Prices Fall

Marico jumped 1.1% higher to enter a new high ground. The upward trajectory was due to falling prices in Copra. Copra is a key raw material used to make coconut oil. The stock is currently 2% above its pivot price of Rs 348.70.

Marico_MarketSmithIndia

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