Marico Share Price: Share price of Marico falls as Sensex drops 327.27 points

Share price of Ltd. dropped 0.53 per cent to Rs 520.85 at 11:22AM (IST) in Friday’s trade. The stock hit a high of Rs 525.2 and low of Rs 518.45 so far during the session. The stock had closed at Rs 523.6 in the previous session.

The counter had a total traded volume of 11:22AM shares so far with a turnover of Rs 0.52 crore on BSE. The stock traded at a price-to-earnings multiple of 58.72 and a price-to-book ratio of 16.38.

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 30-Jun-2021, while FIIs and domestic institutional investors ownership stood at 24.98 per cent and 9.57 per cent, respectively.

Key Financials

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

Its profit for the latest quarter stood at Rs 356.0 crore, down 6.56 per cent from the same quarter a year ago.

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