Marico Limited Shares

Marico Limited Shares Hiked Around 0.52%

Marico Limited Shares Hiked Around 0.52% On 19th August 2020:

To begin with, Marico Limited shares traded with a 0.11% gain in today’s Intraday trade. Also, until now, the company exchanged 28,371 shares hands on the counter.

Moreover, the company shares started at Rs. 375.50 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 376.45 per eq share. Similarly, the Intraday low value of Rs. 369.50 per share.

According to the source, the company reached its 52-week highest value of Rs. 409.70. Also, it reached the 52-week lowest value of Rs. 233.80. As per the records, the total market capitalization stood at Rs. 48,241.05 Cr.

On 30th June 2020, Marico Ltd. announced its consolidated sales worth Rs. 1,925.00 Cr. Comparatively, the company sales declined by 28.68% from its last quarter sales of Rs. 1,496.00 Cr. Also, its sales declined by 11.13% of Rs. 2,166.00 Cr in the previous year.

Furthermore, the net profit of Rs. 381.00 Cr declined by 23.70% from the same quarter a year ago. By the ending in June 2020, the company promoters held 59.48% of its stake, FIIs held a 23.72% stake and DIIs held a 3.35% stake.

Presently, the bank shares quoted with a price-to-earnings ratio in multiples of 44.10. Similarly, the company’s price-to-book value ratio of 16.02.

Stock Market Update: 

Stock Market August 19th: On Wednesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 38,614.79 levels and Nifty stood traded gain with 11,419.70 levels. The Sensex raised 86.47 points with a 0.22% gain. Besides, Nifty has raised 34.35 points with a 0.30% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 27,66,626 as of August 19th, and deaths reached 53,014.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 84.74 points with a 0.58% gain and reached a 14,741.42 level. The S&P BSE Smallcap index raised 164.14 points with a 1.16% gain and reached a 14,318.15 level. However, the Nifty Bank declined 115.30 points with a 0.52% loss and reached a 22,285.90 level.

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