Share price of Marico as Sensex drops 729.04 points
Marico Ltd. 0.28 per cent to Rs 659.25 at 10:27AM (IST) in Tuesday's trade. The stock has hit a high of Rs 665.05 and low of Rs 658.15 so far during the session. The stock had closed at Rs 657.35 in the previous session.
The counter has had a total traded volume of 10324 shares so far with a value of Rs 0.69 crore on the NSE. It traded at a price-to-earnings multiple of 54.07 and a price-to-book ratio of 16.73.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 25.78 per cent during the past one year, while the 30-share index advanced 7 per cent during the same period.
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