Share price of Marico jumps as Sensex drops 165.54 points
A total of 22,380 shares changed hands on the counter till 12:12PM (IST)
Share price of gained 1.35 per cent to Rs 517.0 at 12:12PM (IST) in Friday's trade. The counter hit a high of Rs 518.65 and low of Rs 511.05 so far during the session. The stock had closed at Rs 510.1 in the previous session.The counter had a total traded volume of 12:12PM shares so far with a turnover of Rs 1.15 crore on . The stock traded at a price-to-earnings multiple of 45.04 and a price-to-book ratio of 16.29.
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 is the measure of the price that investors are ready to pay even for no growth in the business.
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 25.55 per cent and 9.78 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.
Its 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
