Share price of Marico rises as Nifty weakens
Marico Ltd. gained 0.04 per cent to Rs 571.0 in Thursday's trade as of 01:49PM (IST).
The stock hit a high price of Rs 574.0 and low of Rs 566.55 during the session.
The return on equity (ROE) for the stock stood at 34.66 per cent.
Traded volume on the counter stood at 01:49PM shares and turnover at Rs 9170.0 crore around that time.
The stock of Marico Ltd. quoted a 52-week high and 52-week low prices of Rs 587.0 and Rs 462.95, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.8.
Promotor/FII Holding Promoters held 59.42 per cent stake in the company as of 30-Jun-2023, while overseas investors held 24.96 per cent and domestic institutional investors had 10.2 per cent.
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 previous quarter's Rs 2308.0 crore and up 2.02 per cent from the year-ago quarter's Rs 2575.0 crore.
Net profit after tax for the latest quarter stood at Rs 427.0 crore, up 15.09 per cent from the same quarter a year ago.
