MRF Ltd. shares rise 0.16% as Sensex climbs

A total of 86 shares changed hands on the counter till 12:08PM (IST)

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Except in the case of cholera outbreak in November 2010 and pneumonic plague in September 1994, Indian market have bounced back strongly.
Shares of the MRF Ltd. traded at Rs 62746.0 on BSE at 12:08PM (IST) on Wednesday, up 0.16 per cent from previous close.

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

Earlier, the stock saw a opening in the morning.


A total of 86 lakh shares changed hands on the counter till 12:08PM (IST).

The stock of MRF Ltd. commands a market value of Rs 26611.48 crore.

The stock traded at a price-to-earning (P/E) multiple of 25.65, while the price-to-book value ratio stood at 2.46. Return on equity (ROE) was at 10.43 per cent, according to exchange data.
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In the BSE500 pack, 293 stocks traded in the green, while 206 stocks were in the red.

Promotor Holding
Promoters held 27.31 per cent in the MRF Ltd. as of 31-Mar-2020 while foreign and domestic institutional investors owned 5.24 per cent and 11.3 per cent, respectively.
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