Marico Share Price: Marico declines 0.63% as Sensex slides

Shares of Ltd. traded at Rs 508.6 on BSE at 01:26PM (IST) on Monday, down 0.63 per cent from previous close.

The scrip quoted a 52-week low price of Rs 333.3 and a high of Rs 527.4.

Earlier, the stock saw a gap up opening in the morning.

A total of 49,984 lakh shares changed hands on the counter till 01:26PM (IST).

The stock of Marico Ltd. commanded a market value of Rs 65594.12 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 56.02, while the price-to-book value ratio stood at 11.73. Return on equity (ROE) was at 36.17 per cent, according to exchange data.

In the BSE500 pack, 312 stocks traded in the green, while 188 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.8.

Promotor/FII Holding

Promoters held 59.47 per cent in Marico Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 24.04 per cent and 2.0 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 411.42 on June 28, while the 50-DMA was at 470.29. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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