Marico Share Price: Marico shares up 3.29% as Nifty gains

NEW DELHI: Shares of Ltd. traded 3.29 per cent up in Tuesday’s trade at 10:00AM (IST). Around 1,396,302 shares changed hands on the counter.

The counter opened at Rs 495.0 and touched an intraday high and low of Rs 511.7 and Rs 494.6, respectively, in the session so far. Shares of the company of Marico Ltd. quoted a 52-week high of Rs 511.7 and a 52-week low of Rs 325.1.

As per BSE, the total market cap of the Marico Ltd. stood at Rs 65949.24 crore at the time of writing this report.


Key Financials

The company reported consolidated net sales of Rs 2041.0 crore for the quarter ended 31-Mar-2021, down 4.89 per cent from previous quarter’s Rs 2146.0 crore and down 33.57 per cent from the year-ago quarter’s Rs 1528.0 crore.

The net profit for latest quarter stood at Rs 219.0 crore, up 12.89 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 2.0 per cent stake in the firm, while foreign institutional investors held 24.04 per cent and the promoters 59.47 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 56.32 and a price-to-book ratio of 11.73. 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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