MRF Ltd. shares rise 0.09% as Sensex climbs

A total of 193 shares changed hands on the counter till 12:51PM (IST)

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Nifty on Wednesday halted a falling spree and formed a bullish candle on the daily chart.
Shares of the MRF Ltd. traded at Rs 58030.45 on BSE at 12:51PM (IST) on Tuesday, up 0.09 per cent from previous close.

The stock quoted a 52-week low price of Rs 50000.0 and a high of Rs 73500.0.

Earlier, the stock saw a gap up opening in the morning.


A total of 193 lakh shares changed hands on the counter till 12:51PM (IST).

The stock of MRF Ltd. commands a market value of Rs 24598.1 crore.

The stock traded at a price-to-earning (P/E) multiple of 21.15, while the price-to-book value ratio stood at 2.01. Return on equity (ROE) was at 11.64 per cent, according to exchange data.
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In the BSE500 pack, 200 stocks traded in the green, while 300 stocks were in the red.

Promotor Holding
Promoters held 27.31 per cent in the MRF Ltd. as of 30-Jun-2020 while foreign and domestic institutional investors owned 6.25 per cent and 11.52 per cent, respectively.
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