MRF Share Price: MRF shares gain 0.36% as Sensex rises

MRF Share Price: MRF shares gain 0.36% as Sensex rises

Shares of . traded 0.36 per cent up at Rs 88993.0 at 01:40PM (IST) on Friday, even as BSE benchmark Sensex gained 180.1 points to 58478.9. The scrip had settled at Rs 88677.4 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 89333.0 and Rs 62944.5, respectively.

As per BSE data, total traded volume on the counter till 01:40PM (IST) stood at 01:40PM shares with turnover at Rs 1.57 crore.

At the current price, the stock trades at 56.37 times its trailing 12-month EPS of Rs 1577.97 per share and 1.96 times its price-to-book value, BSE data showed.

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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.

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Shareholding Details

Promoters held 27.94 per cent stake in the company as of 30-Jun-2022, while FIIs owned 21.93 per cent and DIIs 6.57 per cent.

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