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MRF Ltd up for third straight session

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Capital Market
Last Updated : Aug 31 2021 | 1:16 PM IST

MRF Ltd is quoting at Rs 79425, up 1.59% on the day as on 12:54 IST on the NSE. The stock is up 36.13% in last one year as compared to a 48.43% jump in NIFTY and a 26.38% jump in the Nifty Auto index.

MRF Ltd gained for a third straight session today. The stock is quoting at Rs 79425, up 1.59% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 17025.1. The Sensex is at 57199.78, up 0.54%. MRF Ltd has slipped around 1.24% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has slipped around 2.14% in last one month and is currently quoting at 9957.9, up 0.08% on the day. The volume in the stock stood at 5899 shares today, compared to the daily average of 13149 shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 79510, up 1.46% on the day. MRF Ltd is up 36.13% in last one year as compared to a 48.43% jump in NIFTY and a 26.38% jump in the Nifty Auto index.

The PE of the stock is 23.8 based on TTM earnings ending June 21.

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First Published: Aug 31 2021 | 1:05 PM IST

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