Marico shares gain 2.0% as Sensex rises

The stock quoted a 52-week high of Rs 697.0 and a 52-week low of Rs 486.75.

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Shares of Marico Ltd. traded 2.0 per cent higher in Monday's session at 10:45AM (IST).

The stock opened at Rs 682.35 and has touched an intraday high and low of Rs 697.0 and Rs 676.



85, respectively, during the session so far. The stock quoted a 52-week high of Rs 697.0 and a 52-week low of 486.

75. About 38,108 shares changed hands on the counter so far. Benchmark Nifty50 was up 2533.

35 points at 2540.0, while the BSE Sensex traded 108.77 points higher at 82999.

71 at the time of writing of this report. In the Nifty pack, 33 stocks traded the day in the green, while 17 were in the red. Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 2680.

0 crore, up 16.88 per cent from the previous quarter's Rs 2293.0 crore and up 6.

22 per cent from the year-ago quarter. The company reported net profit of Rs 464.0 crore for the latest quarter.

Promoter Holdings Promoters held 59.28 per cent stake in the company as of 30-Jun-2024, while FIIs held 24.61 per cent and MFs 5.

04 per cent. Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 575.99 on September 16, while the 50-DMA was at Rs 663.

3. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.

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