November 29, 2022

The share worth of . dropped 0.06 per cent to Rs 85067.9 at 12:33PM (IST) in Friday’s commerce. The inventory has hit a excessive of Rs 86050.0 and low of Rs 84777.0 to date through the session. The inventory had closed at Rs 85121.85 within the earlier session.

The counter has had a complete traded quantity of 140 shares to date with a worth of Rs 1.19 crore on the NSE. It traded at a price-to-earnings a number of of 57.52 and a price-to-book ratio of 1.96.

A better P/E ratio reveals buyers are prepared to pay a better worth for per rupee earnings given by the inventory due to higher future development expectations.

Smart Talk

The value-to-book worth signifies the inherent worth of an organization and displays the value buyers are prepared to pay even for no development within the enterprise.

The scrip gained 6.71 per cent through the previous one yr, whereas the 30-share index superior 3.47 per cent throughout the identical interval.

MRF Ltd. belongs to the Tyres & Tubes business.

Promotor/FII Holding

Promoters held 27.49 per cent stake within the firm as of 30-Jun-2022, whereas abroad buyers and home institutional buyers possession stood at 16.05 per cent and 6.21 per cent, respectively.

Key Financials

The corporate reported consolidated gross sales of Rs 5730.37 crore for the quarter ended 30-Jun-2022, up 6.69 per cent from the earlier quarter’s Rs 5370.83 crore and up 33.99 per cent from the year-ago quarter’s Rs 4276.58 crore.

Revenue for the most recent quarter stood at Rs 123.6 crore, down 25.35 per cent from the identical quarter a yr in the past.

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