Marico Share Price: Marico shares fall 0.47% as Nifty drops

Shares of Ltd. traded 0.47 per cent down at Rs 551.05 on Tuesday at around 12:08PM (IST), while the benchmark BSE Sensex declined 101.6 points to 60617.11.

As many as 21,872 shares changed hands on the counter with a total value of Rs 1.21 crore.

The stock quoted a 52-week high price of Rs 606.0 and a 52-week low of Rs 362.05.



On the technical charts, the 200-DMA of the stock stood at Rs 490.3, while 50-DMA was at Rs 562.36. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.

Shares of the company have advanced 48.63 per cent in the past one year, while Sensex has risen 39.53 per cent during the same period.

According to BSE data, the stock trades at a price-to-earnings multiple of 59.78 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 reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Personal Care industry.

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