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    Share price of Marico Ltd. falls as Nifty strengthens


    A total of 27,215 shares changed hands on the counter till 01:02PM (IST).

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    Shares of Marico Ltd. slipped 0.41 per cent to Rs 356.1 in Friday's trade as of 01:02PM (IST).

    The stock hit a high price of Rs 358.9 and low of Rs 355.45 during the session.

    The return on equity (ROE) for the stock stood at 33.77 per cent. Traded volume on the counter stood at 01:02PM shares and turnover at Rs 0.97 crore around that time.

    The stock of Marico Ltd. quoted a 52-week high and 52-week low prices of Rs 403.7 and Rs 233.8, respectively.

    The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.8.

    Promotor/FII Holding
    Promoters held 59.46 per cent stake in the company as of 31-Mar-2020, while foreign investors held 22.69 per cent and domestic institutional investors had 3.89 per cent.

    Key Financials
    The company reported consolidated sales of Rs 1496.0 crore for the quarter ended 31-Mar-2020, down 17.98 per cent from previous quarter's Rs 1824.0 crore and down 7.02 per cent from the year-ago quarter's Rs 1609.0 crore.

    Net profit after tax for the latest quarter stood at Rs 194.0 crore, down 51.62 per cent from the same quarter a year ago.
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