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MRF Ltd rises for third consecutive session

Capital Market 

MRF Ltd is quoting at Rs 54700, up 1.08% on the day as on 12:54 IST on the NSE. The stock is down 32.35% in last one year as compared to a 0.06% spurt in NIFTY and a 34.12% spurt in the Nifty Auto index.

MRF Ltd gained for a third straight session today. The stock is quoting at Rs 54700, up 1.08% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11285.15. The Sensex is at 37875.53, up 0.12%. MRF Ltd has slipped around 3.19% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has slipped around 10.13% in last one month and is currently quoting at 7010.55, up 2.19% on the day. The volume in the stock stood at 1435 shares today, compared to the daily average of 4769 shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 54870, up 1.32% on the day. MRF Ltd is down 32.35% in last one year as compared to a 0.06% spurt in NIFTY and a 34.12% spurt in the Nifty Auto index.

The PE of the stock is 23.86 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: Fri, July 26 2019. 13:05 IST
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