Marico stock price up 0.38 per cent as Sensex climbs
Marico Ltd. rose 0.38 per cent to Rs 511.6 at 12:37PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 18,923 shares with a turnover of Rs 0.97 crore till 12:37PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.37, 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 513.75 and a low of Rs 507.15 during the session and quoted a 52-week high price of Rs 595.0 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 537.47 on April 10, while the 50-DMA was at Rs 514.86. 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 53.7. 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 31-Dec-2023, promoters held 59.39 per cent stake in the company, while FIIs held 25.69 per cent and domestic institutional investors had
