Marico shares gain 1.32% as Sensex falls

Marico shares gain 1.32% as Sensex falls
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Synopsis

A total of 27,896 shares changed hands on the counter till 11:34AM (IST)

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Back home a gradual easing of lockdown measures in major global economies lifted domestic equity benchmarks for the third session in a row.

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Shares of Ltd. traded 1.32 per cent up at Rs 474.95 at 11:34AM (IST) on Friday, even as BSE benchmark Sensex dropped 17.21 points to 48673.59. The scrip had settled at Rs 468.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 488.0 and Rs 305.0, respectively.

As per BSE data, total traded volume on the counter till 11:34AM (IST) stood at 11:34AM shares with turnover at Rs 1.31 crore.

At the prevailing price, the stock trades at 52.25 times its trailing 12-month EPS of Rs 9.07 per share and 11.73 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.8.

Shareholding Details
Promoters held 59.61 per cent stake in the company as of 31-Mar-2021, while FIIs owned 24.04 per cent and DIIs 10.06 per cent.

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