Marico Ltd drops for fifth straight session

24 Mar 2022 , 01:35 PM

Marico Ltd fell for a fifth straight session today. The stock is quoting at Rs 482.05, down 0.53% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 17171.2. The Sensex is at 57481.11, down 0.35%.Marico Ltd has eased around 2.59% in last one month.Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has increased around 1.38% in last one month and is currently quoting at 35789.85, down 0.02% on the day. The volume in the stock stood at 21.65 lakh shares today, compared to the daily average of 17.84 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 482.8, down 0.69% on the day. Marico Ltd jumped 21.12% in last one year as compared to a 19.87% rally in NIFTY and a 7.73% spurt in the Nifty FMCG index.

The PE of the stock is 55.11 based on TTM earnings ending December 21.

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