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MRF Ltd jumps more than 2%

Capital Market 

MRF Ltd is quoting at Rs 57244.05, up 2.22% on the day as on 12:54 IST on the NSE. The stock is down 22.45% in last one year as compared to a 13.71% jump in NIFTY and a 24.28% jump in the Nifty Auto index.

MRF Ltd is up for a third straight session today. The stock is quoting at Rs 57244.05, up 2.22% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 12045.85. The Sensex is at 40167.1, down 0.25%. MRF Ltd has gained around 6.37% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has gained around 0.61% in last one month and is currently quoting at 8328.2, down 0.11% on the day. The volume in the stock stood at 6728 shares today, compared to the daily average of 6530 shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 57678.5, up 2.34% on the day. MRF Ltd is down 22.45% in last one year as compared to a 13.71% jump in NIFTY and a 24.28% jump in the Nifty Auto index.

The PE of the stock is 21.67 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: Tue, June 04 2019. 13:05 IST
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