The stock opened at Rs 589.0 and touched an intraday high and low of Rs 591.2 and Rs 581.15, respectively, in the session so far. Shares of the company of Marico Ltd. quoted a 52-week high of Rs 591.2 and a 52-week low of Rs 346.0.
Total market cap of the Marico Ltd. stood at Rs 75087.82 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, DIIs held 1.81 per cent stake in the company, 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 price-to-earnings multiple of 65.52 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.
