Marico shares decline 0.18% as Sensex slides

Marico shares decline 0.18% as Sensex slides
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Synopsis

A total of 21,152 shares changed hands on the counter till 12:54PM (IST)

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Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
Shares of the Ltd. traded at Rs 499.9 on BSE at 12:54PM (IST) on Friday, down 0.18 per cent from previous close.

The scrip quoted a 52-week low price of Rs 379.05 and a high of Rs 606.0.

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

A total of 21,152 lakh shares changed hands on the counter till 12:54PM (IST).

The stock of Marico Ltd. commands a market value of Rs 64532.56 crore.

The stock traded at a price-to-earning (P/E) multiple of 54.18, while the price-to-book value ratio stood at 16.38. Return on equity (ROE) was at 36.49 per cent, according to exchange data.

In the BSE500 pack, 257 stocks traded in the green, while 242 stocks were in the red.

Promotor Holding
Promoters held 59.52 per cent in the Marico Ltd. as of 30-Sep-2021 while overseas and domestic institutional investors owned 25.92 per cent and 8.5 per cent, respectively.

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