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Marico trades jubilantly on the bourses

14 Jan 2015 Evaluate

Marico is currently trading at Rs. 358.00, up by 24.10 points or 7.22% from its previous closing of Rs. 333.90 on the BSE.

The scrip opened at Rs. 334.05 and has touched a high and low of Rs. 364.00 and Rs. 334.05 respectively. So far 618025 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 364.00 on 14-Jan-2015 and a 52 week low of Rs. 200.10 on 30-Apr-2014.

Last one week high and low of the scrip stood at Rs. 364.00 and Rs. 315.75 respectively. The current market cap of the company is Rs. 22844.63 crore.

The promoters holding in the company stood at 59.69% while Institutions and Non-Institutions held 33.90% and 6.41% respectively.

Oppenheimer Funds INC has sold 59.29 lakh shares of Marico through the open market route. The shares were sold on an average price of Rs 319.01 valuing the transaction to Rs 189.14 crore.

Marico is a leading manufacturer of coconut oil, hair oils, and premium refined edible oils in consumer packs. Marico has a market presence in the hair care, health care and male-grooming segments in India, Bangladesh, the Middle East, North Africa, South-East Asia, and South Africa.

 

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