Marico share price: Marico share drops 0.34% while Sensex increases


The shares of Ltd. fell 0.34% to Rs 545.15 in Thursday’s 12:29 am (IST) session, even as the benchmark Sensex shares traded 349.12 points higher at 58,690.11.

Earlier today, the title saw a gap at the start of the session. The stock listed a 52-week high of Rs 606.0 and a 52-week low of Rs 362.05 on NSE. About 88,325 shares changed hands on the clock until 12:29 p.m. (IST).

The stock opened at Rs 550.0 and hit an intraday high and low of Rs 550.0 and Rs 542.55 during the session so far. The script cited a price-to-earnings (PE) ratio of 59.17, earnings per share (EPS) of Rs 9.22, and price-to-book (PB) of 16.38, while return on equity ( ROE) amounted to Rs 36.49.

Promoter / FII Holding
The promoters held 59.52% of the company’s capital as of November 25, while the holdings of FII and MF amounted to 25.92% and 2.73% respectively.

Key financial data

With a market capitalization of Rs 70,475.5 crore, the company operates in the personal care sector. For the quarter ended Sep 30, 2021, the company reported consolidated sales of Rs 2,444.0 crore, down 4.23% from the previous quarter at Rs 2,552.0 crore and down 21.23% compared to the same quarter a year ago. The company reported net profit of Rs 309.0 crore for the most recent quarter, up 17.05% from the corresponding quarter of last year.

Technical indicators
The stock’s Relative Strength Index (RSI) stands at 43.13. The RSI hovers between zero and 100. Traditionally it is considered an overbought condition when the value of the RSI is above 70 and an oversold condition when it is below 30. Analysts say the RSI indicator should only not be viewed in isolation, as it may not be sufficient to take a trade call, in the same way that a fundamental analyst cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio .


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