Marico rises 0.44% as Sensex climbs
Marico Ltd. traded at Rs 531.7 on BSE at 01:24PM (IST) on Wednesday, up 0.44 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 15,182 lakh shares changed hands on the counter till 01:24PM (IST).
The stock of Marico Ltd.
commanded a market value of Rs 68754.65 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 48.76, 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, 252 stocks traded in the green, while 249 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 59.37 per cent in Marico Ltd.
as of 30-Sep-2023 while foreign and domestic institutional investors owned 25.91 per cent and 2.99 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 533.46 on December 27, while the 50-DMA was at 532.8. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
