Marico Stock Price: Share price of Marico falls as Sensex drops 1339.35 points

Share price of Ltd. dropped 0.34 per cent to Rs 419.0 at 10:15AM (IST) in Monday’s trade. The scrip hit a high of Rs 420.0 and low of Rs 412.05 so far during the session. The stock had closed at Rs 420.45 in the previous session.

The counter had a total traded volume of 10:15AM shares so far with a turnover of Rs 0.59 crore on BSE. The stock traded at a price-to-earnings multiple of 47.32 and a price-to-book ratio of 11.73.

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.

Marico Ltd. belongs to the Personal Care industry.

Promotor/FII Holding

Promoters held 59.61 per cent stake in the company as of 31-Dec-2020, while overseas investors and domestic institutional investors ownership stood at 24.16 per cent and 9.99 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 2146.0 crore for the quarter ended 31-Dec-2020, up 6.45 per cent from the previous quarter’s Rs 2016.0 crore and up 15.81 per cent from the year-ago quarter’s Rs 1853.0 crore.

Its profit for the latest quarter stood at Rs 307.0 crore, up 12.87 per cent from the same quarter a year ago.

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