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
40 minutes ago
- Time of India
Uttar Pradesh set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur
The Uttar Pradesh government on Monday said it is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing with an investment of around Rs 700 crore. Under the Kanpur Metropolitan Development Vision - 2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen along the dedicated freight corridor, according to an official statement. "With an estimated cost of Rs 700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India's EV ecosystem," the statement said. Play Video Play Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 30:17 Loaded : 1.69% 00:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 30:17 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ads By Google Ad will close in 28 Skip ad in 3 Skip Ad by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I Replaced My Sonicare Toothbrush with TAO. I Love It! Taoclean Learn More Undo "The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing," it added. The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Live Events Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established, according to the statement. A dedicated research and development (R&D) centre will be a vital part of the project, driving innovation and facilitating advanced product development. This R&D unit is expected to contribute not only to local progress but also to the global advancement of EV technologies, it added. The government believes the establishment of the EV park will not only position Kanpur as an EV manufacturing hub, but will also significantly boost the state's economy. "Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components. This will create fresh opportunities for local entrepreneurs, startups, and generate substantial employment," it said. Its proximity to the dedicated freight corridor gives the park a strategic advantage in terms of logistics and connectivity. Well-connected by rail and road networks, it will facilitate smooth transportation of raw materials and finished goods, the statement added.
Economic Times
41 minutes ago
- Economic Times
Nifty nears 25K again: What changed in 24 hours?
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it: After a two-day losing streak, the Indian stock market made a sharp comeback on Monday! The Sensex jumped 678 points, and the Nifty came close to touching the 25,000 mark. So what sparked this rally? Here are 5 key reasons 1. Weak Dollar, Strong EM Flows The US dollar slipped again and that's a big plus for emerging markets like India. The rupee held steady, and FIIs didn't panic. 2. Crude Oil Cools Off After last week's spike, Brent crude moderated. That gave relief to India, which imports 85% of its oil. 3. Global Market Optimism Despite fresh missile strikes between Israel and Iran, global markets remained calm. Asian, European, and US indices all showed resilience. 4. IT & Financials Lead the Charge IT stocks surged up to 2%, and banks rebounded too. Heavyweights like Infosys, Wipro, HDFC Bank, and ICICI Bank lifted the sentiment. 5. Technical Rebound The Nifty bounced back above its 21-day moving average — a strong technical signal for bulls. Analysts now say if Nifty crosses 25,000 decisively, we may see a further rally toward 25,350. Keep listening to ET Markets Radio for more on markets.
Time of India
42 minutes ago
- Time of India
Amtek ex-boss Arvind Dham's interim bail plea dismissed by SC in Rs 2,700-crore fraud case
The Supreme Court on Monday refused to give interim bail to former Amtek Group chairman Arvind Dham in connection with in connection with a Rs 2,700-crore bank fraud case. A Bench led by Justice Sandip Mehta said that Dham, whose plea for extension of interim bail on medical grounds was rejected by the court earlier in April, has grossly 'abused the process' of the court by filing the fresh appeal seeking interim bail. Senior counsel Mukul Rohatgi and counsel Sahil Tagotra, appearing for Dham, sought interim bail on medical grounds. 'He (Dham) has been had been in custody for 11 months and his regular bail application has been pending before the Delhi High Court since February,' the counsel argued. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Steck das in deinen Schuh. Nach 3 Tagen rutschte meine Lieblingshose schon! (Ich war schockiert!) ViralDiscounts Undo However, the bench said that it was not 'at all impressed by the tactics of the petitioner (Dham). Your SLP was dismissed by a three-judge bench of this court. Now you are trying to get in during this vacation and trying to get the same relief in a matter which has already been dismissed,' Justice Mehta remarked. Rohatgi then sought permission to withdraw the appeal. Live Events On July 9, the ED had arrested Dham under the provisions of money laundering law in a case pertaining to ACIL Ltd, an Amtek group company. Subsequently, the Rouse Avenue Court, Delhi, granted custody of Dham to the investigating agency. The ED had initiated investigation on the basis of first information reports registered by the Central Bureau of Investigation, arising from complaints by IDBI Bank and Bank of Maharashtra . The complainants had alleged diversion of bank loans through cheating, fraud and criminal breach of trust and causing wrongful loss to the banks. The agency said the probe revealed that Amtek group had defaulted on loans exceeding Rs 2,700 crore taken from more than 15 banks. The group companies ARG Ltd, ACIL, Amtek Auto Ltd., Metalyst Forging and Castex Technologies along with other group concerns were taken to insolvency. Further investigations revealed that Dham was the beneficial owner of several benami properties in companies that had employees of the Amtek group such as peons, drivers, field staff and persons with no linkage to the group companies acting as directors, the agency said. Dham continued to possess such properties beneficially held by him and never disclosed this to any of the creditors, it added. In December 2024, the high court had upheld Dham's arrest by the ED and a Delhi court 's subsequent remand order. It said that the data on financial exposure of Dham's group of companies was about Rs 30,000 crore and the lenders including many public banks had been struggling since 2015 in order to somehow recover the liabilities, the process for which had now culminated into insolvency proceedings where a haircut of 99.91% of the amount had been proposed by the petitioner.
