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MRF Ltd eases for fifth straight session

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Capital Market

The stock is quoting at Rs 65647.95, down 0.73% on the day as on 13:19 IST on the NSE. MRF Ltd tumbled 1.83% in last one year as compared to a 7.42% rally in NIFTY and a 17.88% fall in the Nifty Auto index.

MRF Ltd dropped for a fifth straight session today. The stock is quoting at 65647.95, down 0.73% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.73% on the day, quoting at 10789.8. The Sensex is at 35908.36, down 0.63%.MRF Ltd has gained around 0.75% in last one month.Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has eased around 0.88% in last one month and is currently quoting at 9212.2, down 1.76% on the day. The volume in the stock stood at 2137 shares today, compared to the daily average of 5933 shares in last one month.

 

The benchmark December futures contract for the stock is quoting at Rs 65999.95, down 0.67% on the day. MRF Ltd tumbled 1.83% in last one year as compared to a 7.42% rally in NIFTY and a 17.88% fall in the Nifty Auto index.

The PE of the stock is 23.15 based on TTM earnings ending September 18.

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First Published: Dec 05 2018 | 1:35 PM IST

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