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    MRF shares drop 0.31% as Sensex falls

    Synopsis

    A total of 70 shares changed hands on the counter till 11:06AM (IST)

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the MRF Ltd. traded at Rs 85263.95 on BSE at 11:06AM (IST) on Wednesday, down 0.31 per cent. The stock quoted a 52-week low price of Rs 62944.5 and a high of Rs 89333.0.

    Earlier in the day, the stock saw a gap down opening.

    At the prevailing price, the stock traded at 57.56 times its trailing 12-month EPS of Rs 1478.99 per share and 1.96 times its book value, as per BSE data.

    A total of 70 shares changed hands on the counter till 11:06AM (IST). The stock commands a market value of Rs 36105.1 crore and is part of the Tyres & Tubes industry.

    The scrip has been an outperformer , up 6.05 per cent in the past one year in comparison with a 3.21 per cent gain in Sensex.

    During the day, the stock moved between Rs 85443.95 and Rs 83581.0.

    Promoter/FII Holding
    Promoters held 27.49 per cent in the company as of 30-Jun-2022. FII and MF ownership in MRF Ltd. stood at 16.05 per cent and 6.21 per cent, respectively.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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