India's Marico jumps on upbeat revenue forecast
** Shares of consumer products maker Marico MRCO.NS up as much as 9.8% to 582.45 rupees; last up 9.2%
** MRCO is the top gainer on the Nifty FMCG index, which is up 2.3%
** Co on Monday said it expects revenue growth to outpace its volume growth in FY25, adding that it would aggressively scale up food and personal care portfolios
** Marico's successful efforts to continue diversifying its India portfolio and focus on driving direct distribution can provide longer term revenue growth triggers - Investec
** Trading vol at 8.3 mln shares, compared to 30-day avg of 1.4 mln
** Stock is up 4.8% YTD vs a 1.8% decline in the Nifty FMCG index .NIFTYFMCG
($1 = 83.4790 Indian rupees)
Reporting by Navamya Ganesh Acharya in Bengaluru
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