• October 25, 2024


Shares of Marico Ltd. rose 1.18 per cent to Rs 641.65 in Friday’s trade as of 10:09AM (IST) even as the benchmark Nifty ruled at 24244.0, down 155.41 points.

The scrip had closed at Rs 634.15 in the previous session. The stock quoted a 52-week low of Rs 486.75 and a high of Rs 719.8. The company quoted a market-cap of Rs 82954.17 crore on the BSE.

On BSE, 5,158 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 54.65 times its trailing 12-month EPS of Rs 11.72 per share and 16.73 times its book value. The return on equity (ROE) stood at Rs 38.64.

Key Financials

For the quarter ended 30-Jun-2024, Marico Ltd. reported consolidated sales of Rs 2680.0 crore, up 6.22 per cent from the same quarter a year ago. The company reported 8.67 per cent YoY growth in net profit at Rs 464.0 crore for the latest quarter.

Growfast

Technical indicators
The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.



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