Marico gains after Q1 results

Marico rose 1.33% to Rs 202 at 15:13 IST on BSE after consolidated net profit rose 27.37% to Rs 157.72 crore on 8.90% increase in total income to Rs 1396.31 crore in Q1 June 2013 over Q1 June 2012.

The company announced the result during trading hours today, 12 August 2013.

Meanwhile, the S&P BSE Sensex was up 169.17 points, or 0.90%, to 18,958.51.

On BSE, 2.09 lakh shares were traded in the counter as against an average daily volume of 90,321 shares in the past one quarter.

The stock hit a high of Rs 206.80 and a low of Rs 196.05 so far during the day. The stock had hit a record high of Rs 251.10 on 31 May 2013. The stock had hit a 52-week low of Rs 184.10 on 9 August 2012.

The stock had underperformed the market over the past one month till 8 August 2013, sliding 5.30% compared with the Sensex's 2.77% fall. The scrip had also underperformed the market in past one quarter, falling 6.43% as against Sensex's 6.01% fall.

The large-cap FMCG company equity capital of Rs 64.48 crore. Face value per share is Re 1.

Marico is one of India's leading consumer products & services group, in the global beauty and wellness space. Its portfolio of brands include Parachute, Parachute Advansed, Saffola, Hair & Care, Nihar, Livon, Setwet, Zatak, Mediker and Revive.

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