Share price of Marico as Sensex gains 298.28 points
Promoters held 59.35 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 25.54 per cent and 3.12 per cent, respectively.
The share price of 0.0 per cent to Rs 510.1 at 01:23PM (IST) in Wednesday's trade. The stock has hit a high of Rs 512.75 and low of Rs 508.85 so far during the session. The stock had closed at Rs 510.05 in the previous session.The counter has had a total traded volume of 8962 shares so far with a value of Rs 0.46 crore on the . It traded at a price-to-earnings multiple of 45.02 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 7.38 per cent during the past one year, while the 30-share index advanced 23.74 per cent during the same period.
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 foreign investors and domestic institutional investors ownership stood at 25.54 per cent and 3.12 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2465.0 crore for the quarter ended 31-Dec-2023, down 1.95 per cent from the previous quarter's Rs 2514.0 crore and down 1.79 per cent from the year-ago quarter's Rs 2510.0 crore.
Profit for the latest quarter stood at Rs 383.0 crore, up 16.77 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
