Marico faces hurdle near ₹741 as charts signal price fatigue
Marico's Q1 earnings held steady with flat revenue and profit, while margins remained strong at 21.5%. However, analyst Rajneesh Sharma flagged signs of exhaustion near ₹741 resistance. With weak volume and bearish RSI divergence, a pullback may occur unless the stock breaks above ₹742 decisively. Sentiment remains neutral.