Based on the OI percentage, 75 stocks, including Alkem Laboratories, PI Industries, Escorts Kubota, MRF and Dixon Technologies saw long unwinding.

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The tyres offer dynamic profile stability, enhanced grip, quick shock absorption and swift steering response.

MRF unveils Steel Brace radial tyres for high-end bikes

MRF posts significant rise in Q1 net profit to Rs. 581 cr, aided by price hikes and sales growth. Revenue from operations up 13% to Rs. 6,323 cr. Board approves reappointment of K M Mammen as MD for 5 yrs. Shares hit new high, closing at Rs. 1,06,923.90. ICRA projects 6-8% growth in domestic tyre de…

MRF’s Q1 profit zooms to ₹581 cr, stocks hit a new high

Chennai MRF Ltd. reports fivefold increase in net profit to ₹581 crore in June quarter due to higher sales and lower material costs. Revenue from operations rose 13% to ₹6,323 crore.

MRF Q1 net up fivefold to ₹581 cr. on increase in sales volume

MRF Ltd. is developing new tech to roll out a range of EV tyres to cater to the growing EV market. The tyres will have ultra-low rolling resistance, good traction, wear resistance, and noise suppression. The company is investing in R&D and partnering with research institutions to develop new product…

MRF planning to gain strong foothold in EV tyre market: KM Mammen

Any disappointment in numbers or even meeting of expectation may see profit booking. But who is to complain? Rs 180, Apollo Tyre is 400 plus, MRF is above 1 lakh.

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While growth in the automobile industry and replacement demand have enabled the tyre industry to show healthy growth in FY23, the export performance was muted, considering the slowdown in the world markets.

MRF sees steady growth amidst challenges

Tyre major MRF Ltd., is betting on its strong export markets and electric vehicle segment to fuel its sales volume.

MRF bets on exports and Electric Vehicle space for growth

With a stock price of over Rs 1 lakh on June 30, MRF has the highest share price in India.

MRF To Shree Cement, India’s 5 Most Expensive Stocks - News18

MRF share price: The counter’s 14-day relative strength index (RSI) came at 68.98. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a negative price-to-earnings (P/E) ratio of 51.64. It has a negative price-to-book (P/B) value of 2.91.

MRF shares snap 3-day fall, scale fresh one-year high today: Check AGM date, dividend info & more

Founded at the dawn of independent India, MRF has overcome challenges to survive the test of time.

MRF: A Truly Make-In-India Story Turning 75

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

MRF Limited is engaged in the manufacture and sale of automotive tires, tubes and flaps, among others. The Company also manufactures rubber products, such as tread rubber and conveyor belt.

MRF Ltd