NEW DELHI: Shares of . traded 1.03 per cent down in Thursday’s trade at 12:59PM (IST). Around 16,977 shares changed hands on the counter.

The stock opened at Rs 537.0 and touched an intraday high and low of Rs 538.5 and Rs 525.65, respectively, in the session so far. The stock of marico Ltd. quoted a 52-week high of Rs 606.0 and a 52-week low of Rs 455.8.

Total market cap of the Marico Ltd. stood at Rs 68240.68 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 2575.0 crore for the quarter ended 30-Jun-2022, up 17.85 per cent from previous quarter’s Rs 2185.0 crore and up 0.9 per cent from the year-ago quarter’s Rs 2552.0 crore.

The net profit for latest quarter stood at Rs 371.0 crore, up 4.21 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2022, DIIs held 2.75 per cent stake in the company, while foreign institutional investors held 25.16 per cent and the promoters 59.48 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 54.99 and a price-to-book ratio of 19.41. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.


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By Dipak

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