Marico Share Price: Marico shares up 0.68% as Nifty drops

NEW DELHI: Shares of Ltd. traded 0.68 per cent up in Tuesday’s trade at 11:58AM (IST). Around 41,207 shares changed hands on the counter.

The stock opened at Rs 548.25 and touched an intraday high and low of Rs 552.4 and Rs 545.9, respectively, in the session so far. The stock of Marico Ltd. quoted a 52-week high of Rs 587.25 and a 52-week low of Rs 346.0.

Total market cap of the Marico Ltd. stood at Rs 71097.43 crore at the time of writing this report.




Key Financials

The company reported consolidated net sales of Rs 2552.0 crore for the quarter ended 30-Jun-2021, up 25.04 per cent from previous quarter’s Rs 2041.0 crore and up 31.28 per cent from the year-ago quarter’s Rs 1944.0 crore.

The net profit for latest quarter stood at Rs 356.0 crore, down 6.56 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 1.81 per cent stake in the firm, while foreign institutional investors held 24.98 per cent and the promoters 59.61 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 62.04 and a price-to-book ratio of 16.38. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

Marico Ltd. belongs to the Personal Care industry.

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