Today, Marico Ltd. shares were trading at Rs 639.95, which is 1.05% lower than yesterday’s closing price of Rs 646.80. This drop comes while the overall market, represented by the BSE Sensex, dropped by 655.29 points to reach 80,903.37.
Marico’s shares have seen a high of Rs 719.80 and a low of Rs 486.75 over the past year. So far today, 11,896 shares were traded, bringing in about Rs 0.77 crore.
Looking at the company’s value, the shares are trading at a Price-to-Earnings (P/E) ratio of 52.24, which means investors expect the company to grow in the future. They also have a Price-to-Book (P/B) ratio of 16.73. This means people are paying this price even if the company is not expected to grow fast.
The stock’s Beta value is 0.7960, which means it is less volatile than the market.
In terms of ownership, as of September 30, 2024, company promoters own 59.2% of Marico, Foreign Institutional Investors (FIIs) hold 24.87%, and Domestic Institutional Investors (DIIs) have 4.92%.
On the technical side, the Relative Strength Index (RSI) is 53.45. RSI is a number that helps traders see if a stock is overbought (above 70) or oversold (below 30). However, it’s important to look at other factors too; just one number isn’t enough to make buying or selling decisions.
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