Trending stocks: Marico shares flat in early session

NEW DELHI: Shares of Marico traded 0.6 per cent down in Friday 's trade at 10:01AM (IST).

Around 32709 shares changed hands on the counter. The stock opened at Rs 313.5 and touched an intraday high and low of Rs 314.95 and Rs 304.8 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 404.0 and a 52-week low of Rs 237.7 .


FMCG major Marico announced its foray into hand sanitiser category with the launch of 'Mediker Sanitizer' as part of its response to the coronavirus pandemic.

Financials
Marico Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 39614.89 Crore) operating in FMCG sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 1824.00 Crore, down -.27 % from last quarter Sales of Rs 1829.00 Crore and down -1.99 % from last year same quarter Sales of Rs 1860.97 Crore Company has reported net profit after tax of Rs 276.00 Crore in latest quarter.

Marico Ltd. key Products/Revenue Segments include Edible Oil which contributed Rs 3750.00 Crore to Sales Value (62.80 % of Total Sales), Personal Care which contributed Rs 372.00 Crore to Sales Value (6.23 % of Total Sales), Others which contributed Rs 326.00 Crore to Sales Value (5.45 % of Total Sales), Export Incentives which contributed Rs 50.00 Crore to Sales Value (0.83 % of Total Sales), Scrap which contributed Rs 9.00 Crore to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 59.600185 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 32.26 and price to book value of 13.16 .