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MRF Ltd rises for third consecutive session

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MRF Ltd is quoting at Rs 135470, up 2.63% on the day as on 12:49 IST on the NSE. The stock is up 32.13% in last one year as compared to a 23.68% spurt in NIFTY and a 60.12% spurt in the Nifty Auto index.

MRF Ltd is up for a third straight session in a row. The stock is quoting at Rs 135470, up 2.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 24341.6. The Sensex is at 79868.95, down 0.7%. MRF Ltd has risen around 6.71% in last one month.

 

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has risen around 0.03% in last one month and is currently quoting at 25321.7, down 0.31% on the day. The volume in the stock stood at 13190 shares today, compared to the daily average of 10443 shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 135251.3, up 2.51% on the day. MRF Ltd is up 32.13% in last one year as compared to a 23.68% spurt in NIFTY and a 60.12% spurt in the Nifty Auto index.

The PE of the stock is 28.81 based on TTM earnings ending March 24.

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First Published: Jul 24 2024 | 1:05 PM IST

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