Share price of Marico jumps as Sensex gains 422.68 points

economictimes.indiatimes.com:

Marico Ltd. gained 0.51 per cent to Rs 618.25 at 01:03PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 619.75 and low of Rs 609.2 so far during the session. The stock had closed at Rs 615.1 in the previous session.
The counter has had a total traded volume of 30818 shares so far with a value of Rs 1.89 crore on the NSE. It traded at a price-to-earnings multiple of 53.95 and a price-to-book ratio of 16.73.

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 15.84 per cent during the past one year, while the 30-share index advanced 25.25 per cent during the same period.
Marico Ltd. belongs to the Personal Care industry.
Promotor/FII Holding Promoters held 59.35 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 25.54 per cent and 3.12 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 2293.0 crore for the quarter ended 31-Mar-2024, down 6.98 per cent from the previous quarter's Rs 2465.0 crore and down 0.65 per cent from the year-ago quarter's Rs 2308.0 crore.
Profit for the latest quarter stood at Rs 318.0 crore, up 5.3 per cent from the same quarter a year ago.