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MRF Ltd gains for third consecutive session

Capital Market 

MRF Ltd is quoting at Rs 58650.65, up 3.66% on the day as on 12:54 IST on the NSE. The stock is up 3.65% in last one year as compared to a 23.82% drop in NIFTY and a 37.64% drop in the Nifty Auto index.

MRF Ltd gained for a third straight session today. The stock is quoting at Rs 58650.65, up 3.66% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 4.83% on the day, quoting at 8719.2. The Sensex is at 30053.01, up 5.32%. MRF Ltd has slipped around 13.19% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has slipped around 28.63% in last one month and is currently quoting at 4936.15, up 3.79% on the day. The volume in the stock stood at 8323 shares today, compared to the daily average of 12432 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 59001.7, up 4.01% on the day. MRF Ltd is up 3.65% in last one year as compared to a 23.82% drop in NIFTY and a 37.64% drop in the Nifty Auto index.

The PE of the stock is 23.4 based on TTM earnings ending December 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, March 26 2020. 13:05 IST
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