Marico Limited Shares

Marico Limited Shares Hiked Around 1% On 14th August

Marico Limited Shares Hiked Around 1% On 14th August:

To begin with, Marico Limited shares traded with a 0.68% gain in today’s Intraday trade. Also, until now, the company exchanged 36,087 lakhs shares hands on the counter.

Moreover, the company shares started at Rs. 368.75 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 369.00 per eq share. Similarly, the Intraday low value of Rs. 364.10 per share.

According to the source, the company reached its 52-week highest value of Rs. 404.00. Also, it reached the 52-week lowest value of Rs. 234.00. As per the records, the total market capitalization stood at Rs. 1.32 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 2.56% stake.

Stock Market Update: 

Stock Market August 14th: On Friday, both Sensex and Nifty seem to trade in a bearish trend in the stock market. The Sensex stood traded loss with 37,877.34 levels and Nifty stood traded loss with 11,178.40 levels. The Sensex declined 433.15 points with a 1.13% loss. Besides, Nifty has declined 122.05 points with a 1.08% loss.

On the other hand, the number of confirmed or coronavirus cases in India reached 24,59,613 as of August 14th, and deaths reached 48,144.

In the border market, the S&P BSE Midcap index reported a bearish trend in the stock market today. It declined 149.17 points with a 1.02% loss and reached a 14,433.58 level. The S&P BSE Smallcap index declined 84.46 points with a 0.61% loss and reached a 13,855.18 level. However, the Nifty Bank declined 516.95 points with a 2.33% loss and reached a 22,196.35 level.

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