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MRF Ltd down for fifth straight session

Capital Market 

MRF Ltd is quoting at Rs 63463.05, down 0.27% on the day as on 13:19 IST on the NSE. The stock tumbled 4.34% in last one year as compared to a 13.31% rally in NIFTY and a 11.53% fall in the Nifty Auto index.

MRF Ltd is down for a fifth straight session today. The stock is quoting at Rs 63463.05, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 11994.15. The Sensex is at 40590.43, up 0.3%.MRF Ltd has added around 3.72% in last one month.Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has increased around 10.02% in last one month and is currently quoting at 8258.85, down 0.61% on the day. The volume in the stock stood at 1400 shares today, compared to the daily average of 5315 shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 63626.4, down 0.07% on the day. MRF Ltd tumbled 4.34% in last one year as compared to a 13.31% rally in NIFTY and a 11.53% fall in the Nifty Auto index.

The PE of the stock is 24.43 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 07 2019. 13:35 IST
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