The counter opened at Rs 85500.0 and touched an intraday excessive and low of Rs 86850.0 and Rs 84532.05, respectively, within the session up to now. Shares of the corporate of MRF Ltd. quoted a 52-week excessive of Rs 98575.9 and a 52-week low of Rs 57887.85.
As per BSE, the full market cap of the MRF Ltd. stood at Rs 36246.17 crore on the time of penning this report.
The corporate reported consolidated gross sales of Rs 4276.58 crore for the quarter ended 30-Jun-2021, down 12.26 per cent from earlier quarter’s Rs 4874.2 crore and down 70.75 per cent from the year-ago quarter’s Rs 2504.63 crore.
The online revenue for contemporary quarter stood at Rs 165.58 crore, up 1130.16 per cent from the corresponding quarter final yr.
As of 30-Sep-2021, DIIs held 6.85 per cent stake within the agency, whereas international institutional traders held 14.77 per cent and the promoters 27.39 per cent.
In response to BSE knowledge, the inventory traded at a price-to-earnings a number of of 25.36 and a price-to-book ratio of two.6. A better P/E ratio exhibits traders are prepared to pay the next worth due to higher future progress expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the value that traders are able to pay even for no progress within the enterprise.
MRF Ltd. belongs to the Tyres & Tubes business.