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Marico Ltd drops for fifth straight session

Capital Market 

Marico Ltd is quoting at Rs 378.2, down 0.71% on the day as on 13:19 IST on the NSE. The stock jumped 9.75% in last one year as compared to a 3.47% slide in NIFTY and a 7.04% fall in the Nifty FMCG index.

Marico Ltd fell for a fifth straight session today. The stock is quoting at Rs 378.2, down 0.71% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.05% on the day, quoting at 10887.9. The Sensex is at 36722, down 1.08%.Marico Ltd has eased around 4.51% in last one month.Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has eased around 0.42% in last one month and is currently quoting at 28751.75, down 0.12% on the day. The volume in the stock stood at 15.28 lakh shares today, compared to the daily average of 18.58 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 379.65, down 0.37% on the day. Marico Ltd jumped 9.75% in last one year as compared to a 3.47% slide in NIFTY and a 7.04% fall in the Nifty FMCG index.

The PE of the stock is 41.63 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 17 2019. 13:35 IST
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