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Marico Ltd advances steadily Back
(13:05, 22 Oct 2019)

Marico Ltd gained for a third straight session today. The stock is quoting at Rs 396.6, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. Marico Ltd has gained around 2.64% in last one month.

Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has gained around 2% in last one month and is currently quoting at 31501.45, up 0.77% on the day. The volume in the stock stood at 12.7 lakh shares today, compared to the daily average of 18.29 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 397.8, up 1.2% on the day. Marico Ltd is up 27.3% in last one year as compared to a 14.9% jump in NIFTY and a 11.45% jump in the Nifty FMCG index.

The PE of the stock is 42.76 based on TTM earnings ending June 19.

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