Market

Share price of Marico falls as Sensex gains 156.68 points

Share price of Ltd. dropped 0.75 per cent to Rs 492.0 at 02:37PM (IST) in Friday’s trade. The counter hit a high of Rs 496.2 and low of Rs 488.2 so far during the session. The stock had closed at Rs 495.7 in the previous session.

The counter had a total traded volume of 02:37PM shares so far with a turnover of Rs 1.91 crore on BSE. The stock traded at a price-to-earnings multiple of 54.21 and a price-to-book ratio of 11.73.

A higher P/E 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-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 24.04 per cent and 10.06 per cent, respectively.

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 the previous quarter’s Rs 2146.0 crore and down 33.57 per cent from the year-ago quarter’s Rs 1528.0 crore.

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

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button