Marico shares gain 0.3% as Sensex rises

Marico shares gain 0.3% as Sensex rises
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Synopsis

A total of 35,609 shares changed hands on the counter till 01:29PM (IST)

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Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
Shares of . traded 0.3 per cent up at Rs 524.0 at 01:29PM (IST) on Monday, even as BSE benchmark Sensex gained 397.14 points to 60190.28. The scrip had closed at Rs 522.45 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 606.0 and Rs 455.8, respectively.

As per BSE data, total traded volume on the counter till 01:29PM (IST) stood at 01:29PM shares with turnover at Rs 1.86 crore.

At the current price, the stock trades at 54.52 times its trailing 12-month earnings per share of Rs 9.6 per share and 19.41 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 59.48 per cent stake in the company as of 30-Jun-2022, while FIIs owned 25.16 per cent and DIIs 8.66 per cent.
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