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Wednesday, October 27, 2021

Nw: MRF shares fabricate 2.01% as Sensex rises

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Shares of

Ltd. traded 2.01 per cent higher in Thursday’s session at 12:49PM (IST). The stock opened at Rs 79100.0 and has touched an intraday excessive and low of Rs 80450.0 and Rs 78895.4, respectively, at some level of the session to this level.

The stock quoted a 52-week excessive of Rs 98575.9 and a 52-week low of 57887.85. About 981 shares changed palms on the counter to this level.

Benchmark Nifty50 become up 185.75 parts at 17831.75, while the BSE Sensex traded 633.87 parts higher at 59823.6 on the time of writing of this narrate.

In the Nifty pack, 38 shares traded the day in the green, while 11 were in the red.

Key Financials

For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 4276.58 crore, down 12.26 per cent from the previous quarter’s Rs 4874.2 crore and down 70.75 per cent from the yr-ago quarter. The corporate reported gain of Rs 165.58 crore for the most modern quarter.

Promoter Holdings
Promoters held 27.82 per cent stake in the company as of 30-Jun-2021, while FIIs held 19.01 per cent and MFs 7.5 per cent.


On the technical charts, the 200-Day Though-provoking Moderate (DMA) of the stock stood at Rs 82164.58 on October 07, while the 50-DMA become at Rs 79434.98. If a stock trades above 50-DMA and 200-DMA, it in most cases manner the immediate pattern is upward. Alternatively, if the stock trades successfully under 50-DMA and 200-DMA both, it’s thought to be as bearish pattern and if trades between these averages, then it suggests the stock can trot either manner.

(What’s transferring Sensex and Nifty Note most modern market news, stock pointers and expert advice on
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