MRF Share Price: Share price of MRF rises as Nifty strengthens

Shares of Ltd. gained 2.04 per cent to Rs 75305.0 in Tuesday’s trade as of 01:24PM (IST).

The stock hit a high price of Rs 75344.95 and low of Rs 73690.0 during the session.

The return on equity (ROE) for the stock stood at 9.52 per cent. Traded volume on the counter stood at 01:24PM shares and turnover at Rs 2.13 crore around that time.



The stock of MRF Ltd. quoted a 52-week high and 52-week low prices of Rs 98575.9 and Rs 73111.0, respectively.

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

Promotor/FII Holding

Promoters held 27.84 per cent stake in the company as of 30-Sep-2021, while overseas investors held 19.54 per cent and domestic institutional investors had 8.19 per cent.

Key Financials

The company reported consolidated sales of Rs 4996.63 crore for the quarter ended 30-Sep-2021, up 16.84 per cent from previous quarter’s Rs 4276.58 crore and up 16.5 per cent from the year-ago quarter’s Rs 4289.08 crore.

Net profit after tax for the latest quarter stood at Rs 189.06 crore, down 53.99 per cent from the same quarter a year ago.

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