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MRF, Apollo Tyres and CEAT – IIFL Sec reveals key idea for investors to benefit from
Wed, Oct 21, 2020
IIFL Securities now expect the industry to see a sharp revival ahead, with pick-up in replacement demand and normalisation of new vehicle sales.
JM Financial maintains Buy rating on Apollo Tyres and CEAT
Fri, Oct 16, 2020
JM Financial says gross margin expansion in FY21 is likely to sustain, robust demand recovery and low crude oil prices will keep the tyre sector rolling.
BTSTT Stock: Stock market experts speak on outlook of MRF, Balkrishna Industries futures and Sriram Transport Finance shares
Fri, Jul 19, 2019
Stock market experts are of the opinion to sell MRF, Balkrishna Industries futures and Sriram Transport Finance shares as the market is under selling pressure.
Rich stock alert! MRF shares are money magnet? What experts say and why they say so
Thu, May 09, 2019
Experts are optimistic on MRF shares, as most have given buy rating with stable outlook in business ahead.
Stock market tip: Experts expect MRF share price to rise 35 pct in 12 months
Fri, May 03, 2019
MRF share price is expected to touch Rs 70,000 per shares in long-term perspective means in one year or 12 months, say stock market experts.
Funskool's second manufacturing facility in Ranipet goes on Stream
Thu, Mar 21, 2019
Toy manufacturer Funskool India promoted by the MRF Group, has commenced operation of its second manufacturing facility at Ranipet near here giving a boost to exports, according to a top official.
Labour unrest: Royal Enfield, MRF, other company workers resort to strike
Sun, Feb 17, 2019
On the strike called by MRF Ltd at Thiruvottiyur facility, one of the major tyre producing units here, union sources said the employees were against the management's move to set up surveillance cameras in the facility.
These 3 stocks have just crashed; Do you own any? Good news! They are seen rising by up to Rs 15,500
Thu, Dec 06, 2018
Investors have continued to embrace selling sentiment on Dalal Street, with Sensex and Nifty both giving away nearly 500 points and 150 points respectively. Almost everything on the benchmark indices was crumbling down.
This stock skyrocketted by Rs 1,000 Monday; here is how you can become a crorepati; guess what! It is seen rising Rs 11,000 going forward
Tue, Nov 27, 2018
At around 14:32 hours on Monday, the company was trading at Rs 68,301 per piece, up by Rs 785 or 1.12%. However, so far in the day, the company has touched an intraday high of Rs 68,611.65 per piece which makes it overall gains by Rs 1068 or 1.58%. But the stock managed to finish at Rs 68013.40 during the day.
MRF Q2 profit falls 12.29% to Rs 263.04 crore
Thu, Nov 08, 2018
Tyre major MRF Thursday posted a 12.29 per cent decline in its profit at Rs 263.04 crore for the quarter ended September 30, 2018, on account of higher expenses.
This is the most expensive stock in India, it grew by 16,185% in 18 years; should you still invest?
Sat, May 19, 2018
This stock's price is very special as the levels it has touched, no no other has managed to do. Even Sensex has not managed to achieve this kind of growth.
MRF share price hits Rs 80,000 for first time ever; these investors made a killing, can you too?
Tue, Apr 17, 2018
MRF share price is trading at twelve-months price-to-equity ratio (P/E) of 22.32 times, which is lower than the industry PE of 23.15 times. The company's earnings per share (EPS) is at Rs 3504.29, which is way higher than its peers like Apollo Tyre – whose EPS is at mere Rs 12.27.
This investor's 'meagre' investment in MRF in 1990 is now worth Rs 130 crore!
Mon, Sep 11, 2017
MRF shares have risen by over 14000% becoming the most expensive stock on Indian market indexes. MRF share price has touched over Rs 74,000-mark and is expected to reach even above Rs 80,000-level.