MRF Ltd Falls 0.69%
MRF Ltd has lost 2.6% over last one month compared to 3.03% fall in BSE Auto index and 1.57% drop in the SENSEX
MRF Ltd lost 0.69% today to trade at Rs 136594.55. The BSE Auto index is down 0.55% to quote at 52035.5. The index is down 3.03 % over last one month. Among the other constituents of the index, Apollo Tyres Ltd decreased 0.58% and Mahindra & Mahindra Ltd lost 0.41% on the day. The BSE Auto index went down 10.8 % over last one year compared to the 5.25% surge in benchmark SENSEX.
MRF Ltd has lost 2.6% over last one month compared to 3.03% fall in BSE Auto index and 1.57% drop in the SENSEX. On the BSE, 4 shares were traded in the counter so far compared with average daily volumes of 527 shares in the past one month. The stock hit a record high of Rs 147401 on 26 May 2025. The stock hit a 52-week low of Rs 100500 on 05 Mar 2025.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
44 minutes ago
- Time of India
Panbazar road overbridge to be ready by July: NFR
Guwahati: Construction of the Panbazar road overbridge (ROB), which began last year, is expected to be completed by July, Northeast Frontier Railway (NFR) officials said. The bridge is likely to ease traffic congestion in the Paltan Bazar and Panbazar areas, two of the city's oldest cosmopolitan areas. Tired of too many ads? go ad free now "As of now, concretisation work on the bridge's approaches is going on. But most of the work has been completed, including laying the foundational structures, significant fabrications, and placing the bow string girders. Advanced sub-soil strengthening through geo-cell technology has also been completed. The project is expected to be complete by July this year," said Kapinjal Kishore Sharma, chief public relations officer, NFR. The construction work of the ROB has not been progressing on a smooth note. The CPRO said the presence of the fire brigade station posed a challenge in the stacking of construction materials, limiting workspace efficiency. Approximately Rs 48 crore in cost, the project was undertaken by a Kolkata-based construction company to facilitate the smooth movement of the electric locomotives as part of the NFR's ongoing electrification process, where high-voltage lines have been installed. However, the old ROB, which was built in 1965, had turned into a 'dead wire zone'. The area under the bridge was a neutral point, and since it was not charged, it restricted the speed permanently to 15 km/h. As a result, locomotives approaching Guwahati railway station failed to maintain the required momentum, causing them to halt in that area. "Waterlogging also used to be a recurring challenge, especially during heavy rains, causing signal failures and disruptions. Tired of too many ads? go ad free now With the necessary adjustments to this project, the lifted track levels will prevent waterlogging, ensuring smooth operations even during monsoons," Sharma said. He added that the new ROB will aim to address the limitations of its predecessor while introducing significant enhancements. With a span of 60 meters, it will provide improved vertical and horizontal clearance. It will also feature a three-lane wide road replacing its two-lane limitations, which will increase its capacity to handle higher volumes of road traffic as well, thus ensuring a smoother transportation system for commuters.
Time of India
44 minutes ago
- Time of India
ICICI sought to acquire HDFC, reveals chairman Deepak Parekh
Former HDFC chairman Deepak Parekh and ICICI Bank chief Chanda Kochhar MUMBAI: Former HDFC chairman Deepak Parekh, in a candid disclosure, said that then ICICI Bank chief Chanda Kochhar had proposed a merger between the two lenders - well before HDFC's eventual reverse merger with its banking subsidiary. During an interaction with Kochhar on her channel, Parekh said: "I remember you talking to me once. I remember it very clearly. It's never been talked about in public, but I'm willing to share it now. You said that ICICI started HDFC. 'Why don't you come back home?' That was your offer." Parekh said he declined the offer, saying "it won't be fair" or "proper with our name and the bank and all". Parekh said the eventual merger with HDFC Bank, completed in July 2023, was driven mainly by regulatory pressure. RBI had classified NBFCs like HDFC, then holding assets over Rs 5 lakh crore, as systemically important, breaching the Rs 50,000-crore threshold. "RBI supported us and they pushed us into it to some extent and they helped us," he said. However, he added that there were "no concessions, no relief, no time, nothing". Describing the day the merger concluded, Parekh called it "a sad day and a happy day". He said, "It's good for the institution. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 180k traders turn to IC Markets for optimum CFD trading conditions IC Markets Sign Up Undo It's good for the country to have large banks. Look at how large Chinese banks are. We have to be bigger, larger in India." Parekh believes that Indian banks must grow through acquisitions to become stronger in future. On broader economic concerns, Parekh cited persistent uncertainty in supply chains, trade policy, and export conditions as top CEO concerns. Calling insurance the "least understood product", Parekh criticised "mis-selling by banks" driven by high upfront commissions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
44 minutes ago
- Time of India
Online scammers dupe Panchkula resident of Rs 18L in stock trading fraud
1 2 3 Panchkula: The cybercrime police have registered a case against unknown individuals for allegedly duping a resident of Rs 18 lakh under the guise of offering high returns through online stock trading. No arrests have been made so far. Jagmendra Singh, 56, a resident of Sector 12A, filed a complaint stating that he was defrauded after responding to a Facebook advertisement promoting online trading. Upon engaging with the ad, he was introduced to a scheme called block trading, which promised daily profits of 10–20%. After sharing his contact details, Singh received a WhatsApp message from a woman named Aarti Bhalla, who claimed to be an assistant to Shripal Shah from Kotak Securities. She shared a profit plan for 2025, including stock details and company credentials such as Sebi registration and CIN numbers. Singh was then sent a form link and added to a WhatsApp group with around 150 members. Between May 10 and May 16, he observed daily stock recommendations and selling guidance within the group. Aarti Bhalla later guided him to install the Kotak QIB application, and a block trading specialist persuaded him to invest. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 40세 미만이라면 이 매혹적인 게임을 하지 마세요 경복의 바다 게임 플레이 Undo On May 16, Singh invested Rs 50,000 in Vivanta Industries shares, transferring the amount to an account claimed to be Sebi-certified. The app displayed his balance, encouraging more investments. He then invested Rs 1 lakh more on May 18 and sold shares on May 19, noting a profit balance of Rs 58,727.25 on the app. Encouraged by the apparent gains, Singh made additional transfers of Rs 60,000, Rs 1,99,000, Rs 1,00,000, Rs 2,00,000, and Rs 70,000 to various accounts. On June 4, he invested Rs 11 lakh in the IPO of Scoda Tube Ltd, bringing his total investment to Rs 18,79,000. The app showed a balance of Rs 1,10,80,241. However, when Singh attempted to withdraw Rs 1,20,000 on June 10, for his son's wedding, the transaction failed. He was informed that his funds were locked in an IPO and that he needed to deposit an additional Rs 8,02,414 to unlock them. Realising he had been scammed, Singh filed a complaint with the cyber police. After verifying the facts, the police registered a case against unknown persons and are scrutinising the accounts to which the money was transferred.
