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MRF Ltd gains for third straight session

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MRF Ltd is quoting at Rs 58029.95, up 1.28% on the day as on 12:54 IST on the NSE. The stock is up 5.27% in last one year as compared to a 22.23% slide in NIFTY and a 30.26% slide in the Nifty Auto index.

MRF Ltd is up for a third straight session today. The stock is quoting at Rs 58029.95, up 1.28% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 9128.85. The Sensex is at 31047.12, up 0.74%. MRF Ltd has slipped around 0.33% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has slipped around 5.97% in last one month and is currently quoting at 5603.8, up 2.63% on the day. The volume in the stock stood at 2756 shares today, compared to the daily average of 9565 shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 58079.95, up 1.21% on the day. MRF Ltd is up 5.27% in last one year as compared to a 22.23% slide in NIFTY and a 30.26% slide in the Nifty Auto index.

The PE of the stock is 23.83 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, May 21 2020. 13:05 IST
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