Share price of Marico jumps as Sensex gains 181.67 points

By Et Markets Com11 days ago

The share price of



Ltd. gained 2.56 per cent to Rs 456.8 at 11:43AM (IST) in Tuesday's trade. The scrip has hit a high of Rs 459.0 and low of Rs 444.0 so far during the session. The stock had closed at Rs 445.4 in the previous session.

The counter has had a total traded volume of 238175 shares so far with a value of Rs 10.72 crore on the NSE. It traded at a price-to-earnings multiple of 50.34 and a price-to-book ratio of 11.73.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

Continue read on