MRF Share Price: MRF shares drop 1.63% as Sensex falls

Shares of Ltd. traded 1.63 per cent down at Rs 78048.65 at 12:08PM (IST) on Thursday, even as BSE benchmark Sensex dropped 513.23 points to 59495.1. The scrip had closed at Rs 79340.9 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 98575.9 and Rs 71854.0, respectively.

As per BSE data, total traded volume on the counter till 12:08PM (IST) stood at 12:08PM shares with turnover at Rs 1.35 crore.



At the current price, shares of the company trades at 27.43 times its trailing 12-month EPS of Rs 2846.71 per share and 2.6 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.81.


Shareholding Details

Promoters held 27.84 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.54 per cent and DIIs 8.19 per cent.

Source Link