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    MRF shares rise 0.23% as Sensex slides

    Synopsis

    A total of 394 shares changed hands on the counter till 11:23AM (IST)

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    Shares of the Ltd. traded at Rs 78423.5 on BSE at 11:23AM (IST) on Thursday, up 0.23 per cent from previous close.

    The stock quoted a 52-week low price of Rs 55360.35 and a high of Rs 98575.9.

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

    A total of 394 lakh shares changed hands on the counter till 11:23AM (IST).

    The stock of MRF Ltd. commands a market value of Rs 33328.26 crore.

    The stock traded at a price-to-earning (P/E) multiple of 20.52, while the price-to-book value ratio stood at 2.02. Return on equity (ROE) was at 11.64 per cent, according to exchange data.

    In the BSE500 pack, 269 stocks traded in the green, while 231 stocks were in the red.

    Promotor Holding
    Promoters held 27.84 per cent in the MRF Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 18.89 per cent and 8.87 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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