Marico rose 0.32% to Rs 216.35 at 12:40 IST on BSE after a block deal of 4 lakh shares was executed in the counter on BSE at Rs 215 per share at 11:13 IST.
The block deal constitutes 0.06% of Marico's equity.
Meanwhile, the S&P BSE Sensex was up 8.27 points or 0.04% at 21,109.30.
On BSE, so far 4.05 lakh shares were traded in the counter as against average daily volume of 32,173 shares in the past one quarter.
The stock was volatile. The stock rose as much as 0.62% at the day's high of Rs 217 so far during the day. The stock lost as much as 0.32% at the day's low of Rs 214.95 so far during the day. The stock had hit a record high of Rs 251.10 on 31 May 2013. The stock had hit a 52-week low of Rs 190.50 on 25 June 2013.
The stock had underperformed the market over the past one month till 23 December 2013, advancing 4.51% compared with the Sensex's 4.37% rise. The scrip had also underperformed the market in past one quarter, declining 2.16% as against Sensex's 6.03% gain.
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The large-cap FMCG company has equity capital of Rs 64.49 crore. Face value per share is Re 1.
Marico's consolidated net profit surged 23.3% to Rs 105.87 crore on 3.5% decline in net sales to Rs 1115.36 crore in Q2 September 2013 over Q2 September 2012.
Marico is a leading Indian group in consumer products & services in the global beauty and wellness space. Marico's brands and their extensions occupy leadership positions with significant market shares in most categories - coconut oil, hair oils, post wash hair care, hair gels/creams, anti-lice treatment, premium refined edible oils, niche fabric care etc. Marico's branded products are present in Bangladesh, other SAARC countries, the Middle East, Egypt, South Africa, Singapore, Malaysia and Vietnam.
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