Marico Ltd in demand

Capital Market 

Marico Ltd is quoting at Rs 378, up 1.18% on the day as on 12:54 IST on the NSE. The stock is up 4.51% in last one year as compared to a 3.82% drop in NIFTY and a 7.02% drop in the Nifty FMCG index.

Marico Ltd gained for a third straight session today. The stock is quoting at Rs 378, up 1.18% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 10954.55. The Sensex is at 37022.96, up 0.88%. Marico Ltd has risen around 1.9% in last one month.

Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has risen around 2.16% in last one month and is currently quoting at 28777.55, up 0.61% on the day. The volume in the stock stood at 12.19 lakh shares today, compared to the daily average of 15.96 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 379.15, up 0.89% on the day. Marico Ltd is up 4.51% in last one year as compared to a 3.82% drop in NIFTY and a 7.02% drop in the Nifty FMCG index.

The PE of the stock is 40.79 based on TTM earnings ending June 19.

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First Published: Tue, August 06 2019. 13:05 IST