By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PratapDarpanPratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Reading: Shares of Marico rose as Nifty rose
Share
Notification Show More
Font ResizerAa
Font ResizerAa
PratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
  • Entertainment
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Search
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Have an existing account? Sign In
Follow US
  • Contact Us
  • About Us
  • About Us
  • Privacy Policy
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
PratapDarpan > Blog > Buisness > Market Insight > Shares of Marico rose as Nifty rose
Market Insight

Shares of Marico rose as Nifty rose

PratapDarpan
Last updated: 28 June 2024 10:25
PratapDarpan
11 months ago
Share
Shares of Marico rose as Nifty rose
SHARE

Shares of Marico Ltd rose 1.21 percent by 10:20AM (IST) on Friday to Rs. 619.05 was reached. During the session it was Rs. 622.1 high and Rs. It touched a low of 610.85.

Share Rs. 666.85 to its 52-week high and Rs. 486.75 was quoted as low. The return on equity for the stock was 38.64 percent. Around 7,488 shares have changed hands on the counter so far.

The stock’s beta value, which measures its volatility relative to the broader market, stood at 0.8.

The scrip has been an underperformer compared to the 26.86 percent gain in the Sensex over the past one year, which has gained 15.99 percent.

Technicals
On the technical chart, the stock’s 200-day moving average (DMA) on June 28 was Rs. 486.75, while the 50-DMA was Rs. was 587.17. If a stock trades well above the 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades well below both the 50-DMA and 200-DMA, it is considered a bearish trend and if it trades between these averages, it indicates that the stock could go either way.

Promoter/FII holding

As on 31-Mar-2024, promoters held 59.35 per cent stake in Marico Ltd. Mutual funds and foreign institutional investors accounted for 3.12 percent and 25.54 percent.

(You can now subscribe to our ETMarkets WhatsApp channel)

You Might Also Like

Reliance has Rs. Acquired Karkinos Healthcare for Rs 375 crore
FPI Net in February Rs. Indian equity of Rs 34,574 crore. Can trends be opposite in March?
ICICI Securities to settle case with SEBI for Rs. 40.2 lakhs pays
Ahead of the market: 10 things that will determine D-Street action on Monday
The IPO wave fueled an unprecedented demand for capital markets lawyers
Share This Article
Facebook Email Print
Previous Article Anant Ambani-Radhika Merchant wedding: Nita Ambani goes saree shopping in Varanasi; watch Anant Ambani-Radhika Merchant wedding: Nita Ambani goes saree shopping in Varanasi; watch
Next Article Biden vs. Trump, Round 1: Fact-checking both presidential candidates Biden vs. Trump, Round 1: Fact-checking both presidential candidates
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up