MRF LTD. Plunges by 12%; BSE 500 Index Down 12.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

MRF LTD. Plunges by 12%; BSE 500 Index Down 12.6%
Mon, 23 Mar 03:35 PM

MRF LTD. share price has plunged 12% and is presently trading at Rs 60,450.

Meanwhile, the BSE 500 Index is at 10,631 (down 12.6%).

Among the top losers in the BSE 500 Index today are MRF LTD. (down 12.2%) and HONEYWELL AUTOMATION (down 19.9%).

INDIABULLS HOU. FIN. (up 7.1%) and SYNDICATE BANK (up 3.8%) are among the top gainers today.

Over the last one year, MRF LTD. has moved up from Rs 56,900 to Rs 60,450, registering a gain of Rs 3,550 (up 6.2%)..

The BSE 500 has moved down from 15,137 to 10,631, loss of 4,506 points (down 29.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 270.7%), ABBOTT INDIA (up 80.1%) and NAVIN FLUORINE (up 55.7%).

Revealed: 3 Stocks for Potentially Massive Gains

What About the Benchmark Indices?

The BSE Sensex is at 27,901 (down 12.8%).

In the meantime, NSE Nifty is at 8,159 (down 12.7%).

Over the last 12 months, the BSE Sensex has moved down from 38,387 to 27,901, registering a loss of 10,486 points (down 32.08%).

MRF LTD. Financial Update...

MRF LTD. net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 3 billion a year ago. Net Sales declined 0.6% to Rs 40.1 billion during the period as against Rs 40.3 billion in October-December 2018.

For the year ended March 2019, MRF LTD. reported 0.1% decrease in net profit to Rs 11.3 billion compared to net profit of Rs 11.3 billion during FY18.

Revenue of the company grew 4.5% to Rs 161 billion during FY19.

The current Price to earnings ratio of MRF LTD., based on rolling 12 month earnings, stands at 21.6x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "MRF LTD. Plunges by 12%; BSE 500 Index Down 12.6%". Click here!


Stock Market Updates

SGX Nifty Trades 238 Points Lower; Indicates Gap-Down Opening for Indian Stock Markets (Today's Market)

Apr 12, 2021 SGX Nifty

The SGX Nifty opened on a negative note today. At 8:10 am, it was trading down by 238 points, or 1.6% lower at 14,630 levels.

Equity Mutual Fund Inflows in March, RBI's First Purchase Under G-SAP 1.0, and Buzzing Stocks Today (Today's Market)

Apr 12, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

A Critical Update on the Market(Fast Profits Daily)

Mar 30, 2021

In this video, I'll tell you why I am recommending caution in the market at this time.

My Recent Recommendation Will Profit from the Global Supply Chain Crisis(Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy(Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

What You Need to Find Hundred Baggers(Profit Hunter)

Mar 30, 2021

100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Apr 9, 2021 (Close)