Marico rises 0.04% as Sensex slides

economictimes.indiatimes.com:

Marico Ltd. traded at Rs 668.5 on BSE at 12:48PM (IST) on Monday, up 0.04 per cent from previous close.
The scrip quoted a 52-week low price of Rs 486.75 and a high of Rs 686.7.

Earlier, the stock saw a gap up opening in the morning.
A total of 11,341 lakh shares changed hands on the counter till 12:48PM (IST).
The stock of Marico Ltd. commanded a market value of Rs 86488.07 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 58.4, while the price-to-book value ratio stood at 16.73. Return on equity (ROE) was at 38.64 per cent, according to exchange data.
In the BSE500 pack, 367 stocks traded in the green, while 134 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 59.28 per cent in Marico Ltd. as of 30-Jun-2024 while foreign and domestic institutional investors owned 24.61 per cent and 5.04 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 550.51 on July 22, while the 50-DMA was at 620.84. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.