Marico share price has zoomed 3% and is presently trading at Rs 628.5.
Meanwhile, the BSE FMCG index is at 21,130.1 (up 0.7%).
Among the top gainers in the BSE FMCG index today are Shree Renuka Sugars (up 4.4%) and Balrampur Chini (up 4.1%).
Emami (down 4.1%) and Gillette India (down 3.3%) are among the top losers today.
Over the last one year, Marico has moved up from Rs 532.3 to Rs 628.5, registering a gain of Rs 96.2 (up 18.1%).
On the other hand, the BSE FMCG index has moved up from 19,049.7 to 21,130.1, registering a gain of 10.9% during the last 12 months.
The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 182.7%), E.I.D. Parry (up 74.9%) and BOM.BURMAH (up 72.7%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,085.8 .
The top losers among the BSE Sensex today are Ultratech Cement (down 2.8%) and MUNDRA PORT & SEZ (down 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,223.5 . Shriram Transport and Bharat Electronics are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 80,085.8, registering a gain of 14,062.5 points (up 21.3%).
Marico net profit grew 20.3% YoY to Rs 4,330 million for the quarter ended September 2024, compared to a profit of Rs 3,600 million a year ago. Net sales rose 7.6% to Rs 26,640 million during the period as against Rs 24,760 million in July-September 2023.
For the year ended March 2024, Marico reported 13.6% increase in net profit to Rs 15,020 million compared to net profit of Rs 13,220 million during FY23. Revenue of the company fell 1.1% to Rs 96,530 million during FY24.
The current Price to earnings ratio of Marico, based on rolling 12 month earnings, stands at 50.5.
Equitymaster requests your view! Post a comment on "Marico Gains 3%; BSE FMCG Index Up 0.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!