Marico lost 3.51% to Rs 200.45 at 11:36 IST on BSE after three bulk deals aggregating 3.60 lakh shares were executed on BSE at Rs 200 per share.
A block deal of 1.6 lakh shares was executed at 10:27 IST. Another block deal of 1.32 lakh shares was executed at 10:40 IST while the third block deal of 68,029 shares was executed at 10:41 IST. The three block deals constitute 0.05% of Marico's equity.
Meanwhile, the S&P BSE Sensex was down 92.45 points or 0.49% at 18,640.59.
On BSE, 3.77 lakh shares were traded in the counter as against average daily volume of 41,587 shares in the past one quarter.
The stock hit a high of Rs 210.50 and a low of Rs 199.45 so far during the day. The stock had hit a 52-week low of Rs 184.10 on 9 August 2012. The stock had hit a record high of Rs 251.10 on 31 May 2013.
The stock had outperformed the market over the past one month till 6 August 2013, sliding 0.74% compared with the Sensex's 3.91% fall. The scrip had, however, underperformed the market in past one quarter, declining 4.94% as against Sensex's 4.78% fall.
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The large-cap FMCG firm has equity capital of Rs 64.48 crore. Face value per share is Re 1.
Marico's consolidated net profit rose 20.3% to Rs 83.86 crore on 9.7% growth in net sales to Rs 997.26 crore in Q4 March 2013 over Q4 March 2012. The company unveils Q1 June 2013 results on 12 August 2013.
Marico is a leading Indian Group in consumer products and services in the global beauty and wellness space.
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