Signal price

Marico’s stock price: Marico’s stock price increased by 0.83%

The shares of Marico Ltd. traded down 0.83% at Rs 523.95 at around 1:34 p.m. (IST) on Thursday. The stock had closed at Rs 519.65 in the previous session. The benchmark Sensex shares rose 488.07 points to 56157.1 around the same time.

The certificate has climbed 17.64% in the past year to date, while the 30-stock index has gained 15.69% over the same period.

The 52-week high share price stood at Rs 606.0 and the 52-week low price stood at Rs 451.9.

Over-the-counter trading volume was 20,576 shares, while it quoted a price-to-earnings ratio of 56.64, an EPS value of 9.24 and a price-to-book value of 16.38. In the Nifty50 pack, 40 stocks were trading in the green, while 10 stocks were in the red.

Promoter/Fii Holding
Promoters held a 59.49% stake in the company as of March 31, 2022, while FII and mutual fund stakes were 25.11% and 2.89%, respectively.

Key financial data
For the quarter ended December 31, 2021, the company reported consolidated sales of Rs 2,429.0 crore, down 0.61% from Rs 2,444.0 crore in the previous quarter and down 13.19% from compared to Rs 2146.0 crore in the prior year quarter. The company reported a net profit of Rs 310.0 crore for the last quarter.

Technical indicators

The MACD signaled a bearish bias on the meter. The MACD is known to signal trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is drawn above the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see downward movement and vice versa.