Marico share price: Marico share up 0.68% while Nifty drops
The action opened at Rs 548.25 and hit an intraday high and low of Rs 552.4 and Rs 545.9, respectively, during the session so far. The action of Marico Ltd. Quoted a 52 week high of Rs 587.25 and a 52 week low of Rs 346.0.
The total market capitalization of Marico Ltd. stood at Rs 71,097.43 crore at the time of writing.
Key financial data
The company reported consolidated net sales of Rs 2,552.0 crore for the quarter ended June 30, 2021, up 25.04% from Rs 2,041.0 crore in the previous quarter and 31.28% from the previous quarter. at Rs 1,944.0 crore for the quarter of the previous year.
Net profit for the last quarter stood at Rs 356.0 crore, down 6.56% from the corresponding quarter last year.
As of June 30, 2021, domestic institutional investors held 1.81% of the company’s capital, while foreign institutional investors held 24.98% and promoters 59.61%.
According to BSE data, the stock traded at a P / E multiple of 62.04 and a price to book ratio of 16.38. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.
Marico Ltd. belongs to the personal care industry.