Marico stock price up 1.3 per cent as Sensex climbs
Marico Ltd. rose 1.3 per cent to Rs 534.6 at 12:48PM hours (IST) on Monday. 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 4,772 shares with a turnover of Rs 0.26 crore till 12:48PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 49.01, 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 537.95 and a low of Rs 528.25 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 527.95 on November 06, while the 50-DMA was at Rs 558.94.
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 41.31. 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.
