Marico shares drop 0.86% as Sensex falls

Shares of Marico Ltd. traded 0.86 per cent down at Rs 522.5 at 12:57PM (IST) on Thursday, even as BSE benchmark Sensex dropped 209.67 points to 63313.48. The stock had closed at Rs 527.05 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 559.0 and Rs 462.95, respectively.

As per BSE data, total traded volume on the counter till 12:57PM (IST) stood at 12:57PM shares with turnover at Rs 0.63 crore.

At the current price, the stock trades at 51.95 times its trailing 12-month EPS of Rs 10.07 per share and 16.29 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 59.42 per cent stake in the company as of 31-Mar-2023, while FIIs owned 24.97 per cent and DIIs 9.87 per cent.