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MRF Ltd in demand

Capital Market 

MRF Ltd is quoting at Rs 54440, up 0.13% on the day as on 12:49 IST on the NSE. The stock is down 25.53% in last one year as compared to a 11.56% gain in NIFTY and a 22% gain in the Nifty Auto.

MRF Ltd rose for a fifth straight session today. The stock is quoting at Rs 54440, up 0.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.85% on the day, quoting at 11732.25. The Sensex is at 38999.66, up 2.82%. MRF Ltd has dropped around 3.81% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has dropped around 5.02% in last one month and is currently quoting at 8085.75, up 3.54% on the day. The volume in the stock stood at 5260 shares today, compared to the daily average of 8008 shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 54675, up 0.56% on the day. MRF Ltd is down 25.53% in last one year as compared to a 11.56% gain in NIFTY and a 22% gain in the Nifty Auto index.

The PE of the stock is 21.03 based on TTM earnings ending March 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: Mon, May 20 2019. 13:00 IST
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