Marico stock price down 0.61 per cent as Sensex slides

Shares of Marico Ltd. fell 0.61 per cent to Rs 546.15 at 12:56PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 8,014 shares with a turnover of Rs 0.44 crore till 12:56PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.19, while the price-to-book value ratio stood at 16.29.

Return on equity (ROE) was at 34.27 per cent, according to exchange data. The stock hit an intraday high of Rs 551.1 and a low of Rs 544.1 during the session and quoted a 52-week high price of Rs 559.0 and a 52-week low of Rs 462.95.

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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 509.61 on June 08, while the 50-DMA was at Rs 509.79. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 60.16. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2023, promoters held 59.42 per cent stake in the company, while overseas investors held 24.97 per cent and domestic institutional investors had 9.87 per cent.