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Shares of Marico fell by more than 2.5% on January 6, over concerns that a higher-than-expected inflation in copra and vegetable oil prices may have dented the gross margin of the company in Q3FY25.

One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil.