Marico declines 0.61% as Sensex climbs

Marico declines 0.61% as Sensex climbs
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Synopsis

The stock traded at a P/E multiple of 51.78, while the price-to-book value ratio stood at 11.73.

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Shares of Ltd. traded at Rs 469.9 on BSE at 02:01PM (IST) on Monday, down 0.61 per cent from previous close.

The stock quoted a 52-week low price of Rs 297.9 and a high of Rs 481.1.

Earlier, the stock saw a gap up opening in the morning.

A total of 55,215 lakh shares changed hands on the counter till 02:01PM (IST).

The stock of Marico Ltd. commanded a market value of Rs 60628.88 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 51.78, while the price-to-book value ratio stood at 11.73. Return on equity (ROE) was at 34.05 per cent, according to exchange data.

In the BSE500 pack, 365 stocks traded in the green, while 135 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.8.

Promotor/FII Holding
Promoters held 59.47 per cent in Marico Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 24.04 per cent and 2.0 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 390.89 on May 10, while the 50-DMA was at 413.28. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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