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MRF Ltd soars 1.06%

Capital Market 

MRF Ltd is quoting at Rs 60800, up 1.06% on the day as on 12:49 IST on the NSE. The stock is down 19.47% in last one year as compared to a 14.31% spurt in NIFTY and a 23.81% spurt in the Nifty Auto index.

MRF Ltd is up for a third straight session in a row. The stock is quoting at Rs 60800, up 1.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 11710.55. The Sensex is at 38978.68, up 0.27%. MRF Ltd has risen around 5.44% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has risen around 2.06% in last one month and is currently quoting at 8414.35, up 0.99% on the day. The volume in the stock stood at 8097 shares today, compared to the daily average of 7297 shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 61001.05, up 0.74% on the day. MRF Ltd is down 19.47% in last one year as compared to a 14.31% spurt in NIFTY and a 23.81% spurt in the Nifty Auto index.

The PE of the stock is 22.16 based on TTM earnings ending December 18.

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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, April 02 2019. 13:05 IST
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