Marico shares up 0.28% as Sensex falls
Marico Ltd. gained 0.28 per cent to Rs 532.0 in Monday's session as of 11:26AM (IST) even as the equity benchmark Sensex traded 314.0 points lower at 72828.8.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 595.0 and a 52-week low of Rs 462.95 on NSE. Around 11805 shares changed hands on the counter till 11:26AM (IST).
The stock opened at Rs 524.65 and has touched an intraday high and low of Rs 532.15 and Rs 524.65 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 46.34, earnings per share (EPS) of Rs 11.32 and price to book value (PB) of 16.29, while the return on equity (ROE) stood at Rs 34.66.
Promoter/ FII Holding
The promoters held 59.39 per cent stake in the company as of February 26, while FII and MF ownerships stood at 25.69 per cent and 3.08 per cent, respectively.
Key Financials With a market capitalisation of Rs 67881.94 crore, the company operates in the Personal Care industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2465.0 crore, down 1.95 per cent from the previous quarter?s Rs 2514.0 crore and down 1.79 per cent from the same quarter a year ago. The company reported net profit of Rs 383.0 crore for the latest quarter, up 16.77 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 52.43. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when
