The counter had a total traded volume of 12:08PM shares so far with a turnover of Rs 1.25 crore on BSE. The stock traded at a price-to-earnings multiple of 27.29 and a price-to-book ratio of 2.6.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
MRF Ltd. belongs to the Tyres & Tubes industry.
Promotor/FII Holding
Promoters held 27.84 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 19.54 per cent and 8.19 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 4996.63 crore for the quarter ended 30-Sep-2021, up 16.84 per cent from the previous quarter’s Rs 4276.58 crore and up 16.5 per cent from the year-ago quarter’s Rs 4289.08 crore.
Its profit for the latest quarter stood at Rs 189.06 crore, down 53.99 per cent from the same quarter a year ago.
