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Home Stock Market & Trading

Marico Share Price: Share price of Marico falls as Nifty weakens

admin by admin
May 25, 2023
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Shares of Marico Ltd. slipped 0.8 per cent to Rs 526.85 in Thursday’s trade as of 12:41PM (IST).

The stock hit a high price of Rs 531.0 and low of Rs 526.0 during the session.

The return on equity (ROE) for the stock stood at 34.27 per cent. Traded volume on the counter stood at 12:41PM shares and turnover at Rs 0.37 crore around that time.

The stock of Marico Ltd. quoted a 52-week high and 52-week low prices of Rs 554.05 and Rs 462.95, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.8.

Promotor/FII Holding

Promoters held 59.42 per cent stake in the company as of 31-Mar-2023, while foreign investors held 24.97 per cent and domestic institutional investors had 9.87 per cent.

Key Financials
The company reported consolidated sales of Rs 2308.0 crore for the quarter ended 31-Mar-2023, down 8.05 per cent from previous quarter’s Rs 2510.0 crore and down 5.63 per cent from the year-ago quarter’s Rs 2185.0 crore.

Net profit after tax for the latest quarter stood at Rs 302.0 crore, up 20.32 per cent from the same quarter a year ago.



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Tags: fallsmaricoNiftyPriceshareweakens

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