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    MRF shares rise 0.23% as Sensex climbs

    Synopsis

    A total of 474 shares changed hands on the counter till 11:33AM (IST)

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    Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.

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    Shares of the Ltd. traded at Rs 82380.55 on BSE at 11:33AM (IST) on Monday, up 0.23 per cent from previous close.

    The scrip 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 474 lakh shares changed hands on the counter till 11:33AM (IST).

    The stock of MRF Ltd. commands a market value of Rs 34902.83 crore.

    The stock traded at a price-to-earning (P/E) multiple of 21.49, 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, 336 stocks traded in the green, while 164 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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