Share price of MRF jumps as Sensex gains 164.34 points

By Et Markets Com10 days ago

Share price of



Ltd. gained 0.5 per cent to Rs 80270.0 at 12:04PM (IST) in Tuesday's trade. The scrip hit a high of Rs 80808.9 and low of Rs 79957.35 so far during the session. The stock had closed at Rs 79871.7 in the previous session.

The counter had a total traded volume of 12:04PM shares so far with a turnover of Rs 2.43 crore on BSE. The stock traded at a price-to-earnings multiple of 20.99 and a price-to-book ratio of 2.02.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

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