Marico shares 0.0% as Nifty gains
Marico Ltd. traded 0.0 per cent in Monday's trade at 01:54PM (IST).
Around 12,053 shares changed hands on the counter.
The scrip opened at Rs 564.75 and touched an intraday high and low of Rs 564.75 and Rs 553.05, respectively, in the session so far. Shares of the company of Marico Ltd.
quoted a 52-week high of Rs 587.0 and a 52-week low of Rs 462.95.
Total market cap of the Marico Ltd. stood at Rs 72456.73 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 2523.0 crore for the quarter ended 30-Jun-2023, up 9.32 per cent from previous quarter's Rs 2308.0 crore and up 2.02 per cent from the year-ago quarter's Rs 2575.0 crore.
The net profit for latest quarter stood at Rs 427.0 crore, up 15.09 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Jun-2023, DIIs held 3.29 per cent stake in the firm, while foreign institutional investors held 24.96 per cent and the promoters 59.42 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 53.36 and a price-to-book ratio of 16.29.
A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Marico Ltd.
