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MRF Ltd eases for fifth straight session

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Capital Market
Last Updated : Sep 24 2018 | 1:50 PM IST

The stock is quoting at Rs 64862.9, down 2.82% on the day as on 13:19 IST on the NSE. MRF Ltd jumped 3.41% in last one year as compared to a 11.26% rally in NIFTY and a 7.23% fall in the Nifty Auto index.

MRF Ltd dropped for a fifth straight session today. The stock is quoting at 64862.9, down 2.82% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.42% on the day, quoting at 10984.4. The Sensex is at 36357.13, down 1.32%.MRF Ltd has eased around 12.55% in last one month.Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has eased around 8.79% in last one month and is currently quoting at 10407.4, down 3.65% on the day. The volume in the stock stood at 4973 shares today, compared to the daily average of 5783 shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 64880.6, down 2.75% on the day. MRF Ltd jumped 3.41% in last one year as compared to a 11.26% rally in NIFTY and a 7.23% fall in the Nifty Auto index.

The PE of the stock is 22.72 based on TTM earnings ending June 18.

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First Published: Sep 24 2018 | 1:35 PM IST

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