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    Marico share price down 0.34 per cent

    Synopsis

    A total of 11,699 shares changed hands on the counter till 12:56PM (IST).

    Stock market-1200ThinkStock Photos
    Shares of Marico Ltd. traded 0.34 per cent up at Rs 506.65 at around 12:56PM (IST) on Wednesday. The stock had closed at Rs 508.4 in the previous session. Equity benchmark Sensex traded 384.02 points higher at 61039.74 around the same time.


    The scrip has climbed 3.29 per cent in the last one year till date, while the 30-share index has -0.44 per cent during the same period.

    The stock's 52-week high price stood at Rs 554.05 and the 52-week low price at Rs 455.8.

    Trading volume on the counter stood at 11,699 shares, while it quoted a price-to-earnings ratio of 53.17, an EPS value of 9.54 and a price-to-book value of 19.41. In the Nifty50 pack, 34 stocks traded in the green, while 15 stocks were in the red.

    Promoter/FII Holding
    Promoters held 59.48 per cent stake in the company as of 30-Sep-2022, while foreign institutional investors and mutual funds' ownership stood at 25.16 per cent and 2.91 per cent, respectively.

    Key Financials
    For the quarter ended 30-Sep-2022, the company reported consolidated sales of Rs 2515.0 crore, down 2.33 per cent from the previous quarter's Rs 2575.0 crore and down 2.91 per cent from the year-ago quarter's Rs 2444.0 crore. The company reported net profit of Rs 301.0 crore for the latest quarter.

    Technical Indicators
    The MACD signalled a bearish bias on the counter. The MACD is known for signalling 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 plotted on top of 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 a downward movement and vice versa.



    ( Originally published on Jan 18, 2023 )
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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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