Marico Ltd is up 0.81% on the NSE. The stock is up 1.16% in 2021 compared to a 6.49% gain in Nifty and a 21.9% gain in Nifty Financial Services.
On December 12, Marico Ltd was up for a fifth straight session. The stock quoted at Rs 528, up 0.81% on the day as of 12:44 IST on the NSE. The benchmark Nifty fell around 0.01%. The Sensex is at 62,153.92, down 0.04%. Marico Ltd added about 5.7% on November 22.
- DPIIT Teams Up With Startup Policy Forum
- Rural Poverty Slips Below 5% for FY24
- Capital Infra Trust InvIT IPO Preview: Latest capital Infra GMP, Lot, Price & Key Dates
- Smartworks Leases a New Office Space in Gurugram
- Indian Railway Finance Shares Surge 3% on Signing an MoU with REMC
Meanwhile, the Nifty Financial Services index, which Marico Ltd added around 4.98% on November 22, was down 0.11% on the day. The volume in the stock stood at 25.78 lakh shares on December 12 compared to the daily average of 17.53 lakh shares on November 22.
The stock was benchmarked in the December futures contract at Rs 531.15, up 0.92% on the day. Marico Ltd is up 1.16% for 2021, the Nifty is up 6.49%, and the Nifty Financial Services Index is up 21.9%.
As of September 22, the stock traded at a PE of 52.41 based on TTM earnings.
