Marico stock price down 0.46 per cent as Sensex climbs
Marico Ltd. fell 0.46 per cent to Rs 568.0 at 11:11AM hours (IST) on Friday.
Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 28,318 shares with a turnover of Rs 162.0 crore till 11:11AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.09, while the price-to-book value ratio stood at 16.29.
Return on equity (ROE) was at 34.66 per cent, according to exchange data.
The stock hit an intraday high of Rs 575.65 and a low of Rs 566.5 during the session and quoted a 52-week high price of Rs 587.0 and a 52-week low of Rs 462.95.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.8.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 517.22 on September 01, while the 50-DMA was at Rs 549.2. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 55.87.
The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2023, promoters held 59.42 per cent stake in the company, while FIIs held 24.96 per cent and domestic institutional investors had 10.2 per cent.
