Stock Market Live Updates: Sensex gains over 100 points, Nifty above 23,900

Sensex Today | Nifty 50 | Stock Market Live Updates: Marico sees sustained growth momentum, raises FY27 margin outlookMarico reported robust double-digit growth in revenue and profit in the September quarter, supported by healthy demand across its coconut oil, foods and premium personal care businesses. Lower copra prices also helped improve margins. The company expects growth momentum to sustain, driven by expansion in its foods and premium portfolios, an improving international business and benign input costs. Reflecting this optimism, Marico raised its Ebitda margin outlook to the mid-20% range from around 20% earlier. Marico shares surged 9.4% on Tuesday to ₹873.2, closing at the day's high. Analysts have maintained their 'Buy' ratings on the stock, citing a potential upside of 12-15% from Tuesday's closing price.