Marico shares down 0.21% as Sensex rises
Marico Ltd. fell 0.21 per cent to Rs 681.15 in Tuesday's session as of 11:42AM (IST) even as the equity benchmark Sensex traded 369.31 points higher at 81725.15.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 690.95 and a 52-week low of Rs 486.75 on NSE. Around 26798 shares changed hands on the counter till 11:42AM (IST).
The stock opened at Rs 681.0 and has touched an intraday high and low of Rs 690.95 and Rs 678.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 59.57, earnings per share (EPS) of Rs 11.44 and price to book value (PB) of 16.73, while the return on equity (ROE) stood at Rs 38.64.
Promoter/ FII Holding
The promoters held 118.56 per cent stake in the company as of July 30, while FII and MF ownerships stood at 49.22 per cent and 10.08 per cent, respectively.
Key Financials With a market capitalisation of Rs 88216.41 crore, the company operates in the Personal Care industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 2293.0 crore, down 6.98 per cent from the previous quarter?s Rs 2465.0 crore and down 0.65 per cent from the same quarter a year ago. The company reported net profit of Rs 318.0 crore for the latest quarter, up 5.3 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 65.5. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the
