Share price of Marico falls as Sensex drops 58.93 points
Marico Ltd. dropped 0.6 per cent to Rs 576.65 at 11:43AM (IST) in Monday's trade.
The stock has hit a high of Rs 583.8 and low of Rs 574.7 so far during the session. The stock had closed at Rs 580.15 in the previous session.
The counter has had a total traded volume of 38312 shares so far with a value of Rs 221.0 crore on the NSE.
It traded at a price-to-earnings multiple of 54.85 and a price-to-book ratio of 16.29.
A higher P/E 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 gained 13.24 per cent during the past one year, while the 30-share index advanced 11.9 per cent during the same period.
Marico Ltd. belongs to the Personal Care industry.
Promotor/FII Holding Promoters held 59.39 per cent stake in the company as of 30-Jun-2023, while overseas investors and domestic institutional investors ownership stood at 24.96 per cent and 3.29 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 2523.0 crore for the quarter ended 30-Jun-2023, up 9.32 per cent from the previous quarter's Rs 2308.0 crore and up 2.02 per cent from the year-ago quarter's Rs 2575.0 crore.
Profit for the latest quarter stood at Rs 427.0 crore, up 15.09 per cent from the same quarter a year ago.
