Marico shares up 0.27% as Nifty gains

Marico shares up 0.27% as Nifty gains
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Synopsis

The stock quoted a 52-week high price of Rs 543.55 and low of Rs 333.3.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
Shares of Ltd. rose 0.27 per cent to Rs 533.3 in Monday's trade. It hit an intraday high of Rs 537.75 and low of Rs 532.15, respectively, during the day.

The stock quoted a 52-week high price of Rs 543.55 and low of Rs 333.3.

As of 11:58AM (IST), the counter saw total traded volume of 219,470 shares with a traded value of Rs 11.67 crore, according to NSE.

Did you Know?

Stock score of Marico Ltd moved up by 2 in 3 months on a 10-point scale.

View Latest Stock Report »

The stock had closed at Rs 531.85 in the previous session.

The scrip has advanced 8.37 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.59 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 58.88 while price-to-book ratio stood at 11.73. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Personal Care industry.

Promoter/FII Holding
Promoters held 59.47 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 24.04 per cent and 2.0 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 2041.0 crore for the quarter ended 31-Mar-2021, down 4.89 per cent from the previous quarter's Rs 2146.0 crore and down 33.57 per cent from the year-ago quarter's Rs 1528.0 crore. Its net profit for the latest quarter stood at Rs 219.0 crore, up 12.89 per cent from the same quarter a year ago.

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