Net profit of MRF rose 144.76% to Rs 260.74 crore in the quarter ended June 2018 as against Rs 106.53 crore during the previous quarter ended June 2017. Sales rose 8.10% to Rs 3855.55 crore in the quarter ended June 2018 as against Rs 3566.61 crore during the previous quarter ended June 2017.

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MRF will hold a meeting of the Board of Directors of the Company on 9 August 2018.

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MRF Ltd is up for a third straight session today. The stock is quoting at Rs 80500, up 2.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.74% on the day, quoting at 11250.1. The Sensex is at 37290.33, up 0.83%. MRF Ltd has gained around 10.38% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has gained around 2.13% in last one month and is currently quoting at 10770, up 0.82% on the day. The volume in the stock stood at 6199 shares today, compared to the daily average of 5672 shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 80900, up 2.19% on the day. MRF Ltd is up 16.46% in last one year as compared to a 12.34% jump in NIFTY and a 0.7% jump in the Nifty Auto index.

The PE of the stock is 30.58 based on TTM earnings ending March 18.

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MRF Ltd is up for a fifth straight session today. The stock is quoting at Rs 75912, up 0.02% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0% on the day, quoting at 10769.85. The Sensex is at 35635.47, down 0.03%. MRF Ltd has gained around 2.19% in last one month.

Meanwhile, Nifty Auto index of which MRF Ltd is a constituent, has gained around 2.17% in last one month and is currently quoting at 10914.35, down 0.01% on the day. The volume in the stock stood at 1263 shares today, compared to the daily average of 4524 shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 76267.8, down 0.08% on the day. MRF Ltd is up 8.03% in last one year as compared to a 11.32% jump in NIFTY and a 1.55% jump in the Nifty Auto index.

The PE of the stock is 29.48 based on TTM earnings ending March 18.

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