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MRF Ltd continues to ease

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Capital Market
Last Updated : Sep 21 2021 | 2:16 PM IST

MRF Ltd is quoting at Rs 78200, down 0.86% on the day as on 13:24 IST on the NSE. The stock jumped 35.51% in last one year as compared to a 56.5% rally in NIFTY and a 31.35% spurt in the Nifty Auto index.

MRF Ltd is down for a fifth straight session today. The stock is quoting at Rs 78200, down 0.86% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 17455.2. The Sensex is at 58670.6, up 0.31%.MRF Ltd has added around 2.67% in last one month.Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has increased around 3.57% in last one month and is currently quoting at 10202.65, down 0.93% on the day. The volume in the stock stood at 5467 shares today, compared to the daily average of 11167 shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 78400, down 0.56% on the day. MRF Ltd jumped 35.51% in last one year as compared to a 56.5% rally in NIFTY and a 31.35% spurt in the Nifty Auto index.

The PE of the stock is 24 based on TTM earnings ending June 21.

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First Published: Sep 21 2021 | 1:35 PM IST

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