Marico shares up 0.07% as Nifty gains

economictimes.indiatimes.com:

Marico Ltd. traded 0.07 per cent up in Thursday's trade at 12:18PM (IST). Around 17,788 shares changed hands on the counter.
The scrip opened at Rs 614.95 and touched an intraday high and low of Rs 614.95 and Rs 605.85, respectively, in the session so far. The stock of Marico Ltd. quoted a 52-week high of Rs 666.85 and a 52-week low of Rs 486.75.

As per BSE, the total market cap of the Marico Ltd. stood at Rs 78636.1 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 2293.0 crore for the quarter ended 31-Mar-2024, down 6.98 per cent from previous quarter's Rs 2465.0 crore and down 0.65 per cent from the year-ago quarter's Rs 2308.0 crore.
The net profit for latest quarter stood at Rs 318.0 crore, up 5.3 per cent from the same quarter a year ago.
Shareholding pattern As of 31-Mar-2024, DIIs held 3.12 per cent stake in the firm, while foreign institutional investors held 25.54 per cent and the promoters 59.35 per cent.

Valuation ratio According to BSE data, the stock traded at a P/E multiple of 53.1 and a price-to-book ratio of 16.73. 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. belongs to the Personal Care industry.