Business

Marico Stock Price: Marico’s stock price increases when Nifty weakens

shares of Mario ltd rose 2.03 percent to 540.7 rupees in trading on Tuesday at 10:25am (IST).

The stock hit a high of Rs 541.0 and a low of Rs 532.2 during the session.

The return on equity (ROE) of the stock was 36.49 percent. The trading volume at the counter was at 10:25 am and the turnover was Rs 0.65 crore at that time.

Marico Ltd stock noted a 52-week high and 52-week low of Rs 606.0 and Rs 399.35 respectively.

The beta of the counter, which measures its volatility relative to the broader market, was 0.8.

Promoter/FII Holding

The promoters held 59.51 percent of the shares in the company as of December 31, 2021, while foreign investors held 25.55 percent and domestic institutional investors held 8.58 percent.

Important financial figures

The Company reported consolidated revenue of Rs 2429.0 crore for the quarter ended 31st December 2021, down 0.61 per cent from Rs 2444.0 crore in the previous quarter and down 13.19 per cent from Rs 2146.0 crore of the same quarter last year.

Net profit after tax for the latest quarter was Rs 310.0 crore, up 0.98 percent from the same quarter last year.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-price-of-marico-rises-as-nifty-weakens/articleshow/90656117.cms Marico Stock Price: Marico’s stock price increases when Nifty weakens

Adam Bradshaw

TheHitc is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@thehitc.com. The content will be deleted within 24 hours.

Related Articles

Back to top button