Marico shares 2.68% as Sensex rises
Marico Ltd. traded 2.68 per cent at Rs 645.45 at 02:01PM (IST) on Wednesday, even as BSE benchmark Sensex 333.4 points to 80337.46. The stock had settled at Rs 628.55 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 719.80 and Rs 486.75, respectively.
As per BSE data, total traded volume on the counter till 02:01PM (IST) stood at 02:01PM shares with turnover at Rs 2.19 crore.
At the prevailing price, the stock trades at 52.73 times its trailing 12-month EPS of Rs 12.26 per share and 16.73 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.
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