Share price of Marico falls as Sensex drops 737.58 points
A total of 118,730 shares changed hands on the counter till 01:53PM (IST)
Share price of dropped 2.3 per cent to Rs 582.0 at 01:53PM (IST) in Thursday's trade. The scrip hit a high of Rs 595.75 and low of Rs 579.95 so far during the session. The stock had closed at Rs 595.75 in the previous session.The counter had a total traded volume of 01:53PM shares so far with a turnover of Rs 6.96 crore on . The stock traded at a price-to-earnings multiple of 45.04 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 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 foreign investors and domestic institutional investors ownership stood at 25.55 per cent and 9.78 per cent, respectively.
Key Financials
The firm reported consolidated 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.
Its profit for the latest quarter stood at Rs 318.0 crore, up 5.3 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
