Marico declines 0.25% as Sensex slides
Marico Ltd. traded at Rs 547.0 on BSE at 12:43PM (IST) on Thursday, down 0.25 per cent from previous close.
The stock quoted a 52-week low price of Rs 462.95 and a high of Rs 595.0.
Earlier, the stock saw a gap up opening in the morning.
A total of 14,428 lakh shares changed hands on the counter till 12:43PM (IST).
The stock of Marico Ltd.
commanded a market value of Rs 70613.95 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 52.0, while the price-to-book value ratio stood at 16.29. Return on equity (ROE) was at 34.66 per cent, according to exchange data.
In the BSE500 pack, 216 stocks traded in the green, while 285 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.8.
Promotor/FII Holding Promoters held 59.39 per cent in Marico Ltd.
as of 30-Jun-2023 while foreign and domestic institutional investors owned 24.96 per cent and 3.29 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 526.49 on October 19, while the 50-DMA was at 565.39. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
