It has seen a 24 per cent jump in half-yearly net profit at Rs 58 crore (Rs 580 million) from Rs 46.8 crore (Rs 468 million) a year earlier, on a 35 per cent growth in sales for the half year 2006-07 ending September.

Marico has been a volatile stock but has come back strongly each time it has slipped. It commenced the year poorly after a high of Rs 464 by January-end this year. It then slipped to Rs 391 by March 3, 2006.

Marico soon staged a smart comeback to surge to Rs 586, before hitting a roadblock. It fell to Rs 344 levels but once again gained momentum. It is currently quoting at Rs 534.

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