Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

A total of 296 shares changed hands on the counter till 01:40PM (IST)

MRF shares down 1.49% as Sensex rises

A total of 287 shares changed hands on the counter till 01:24PM (IST).

Share price of MRF rises as Nifty strengthens

The stock down 3% to Rs 73,111 on the BSE in intra-day trade today has fallen below its previous low of Rs 73,756 touched on December 22, 2020.

MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks

Tata Motors was the top laggard tumbling by 5.07% at Rs467.75 per piece.

Nifty Auto nosedives 3.5% with all stocks in deep red; Tata Motors, Maruti, M&M, MRF, Hero MotoCorp worst hit

On the technical charts, the 200-day moving average of the stock stood at Rs 81670.04.

Shares of MRF fall as Nifty drops

The non-FMCG ranking was dominated by telecom brands, with Samsung and Jio jointly second, followed by MRF, Tata Housing and Airtel. Tata Tea topped the FMCG category ranking, followed by Surf Excel, Taj Mahal, Parachute and Maggi (both in fourth position) and Britannia.

Amazon, Asian Paints, Tata Tea top rankers in Kantar’s purposeful brands ranking

The stock quoted a 52-week high price of Rs 98575.9 and a 52-week low of Rs 73756.25.

MRF shares fall 1.14% as Nifty gains

As of 30-Sep-2021, promoters held 27.39 per cent stake in the company, while FIIs held 14.77 per cent and domestic institutional investors had 6.85 per cent.

MRF stock price up 0.87 per cent as Sensex climbs

A total of 414 shares changed hands on the counter till 11:37AM (IST)

MRF shares rise 0.82% as Sensex slides

A total of 301 shares changed hands on the counter till 11:43AM (IST).

Share price of MRF falls as Nifty weakens

A total of 173 shares changed hands on the counter till 12:08PM (IST)

MRF shares drop 1.63% as Sensex falls

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

MRF Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MRF shares down 1.49% as Sensex rises

Share price of MRF rises as Nifty strengthens

MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks

Nifty Auto nosedives 3.5% with all stocks in deep red; Tata Motors, Maruti, M&M, MRF, Hero MotoCorp worst hit

Shares of MRF fall as Nifty drops

Amazon, Asian Paints, Tata Tea top rankers in Kantar’s purposeful brands ranking

MRF shares fall 1.14% as Nifty gains

MRF stock price up 0.87 per cent as Sensex climbs

MRF shares rise 0.82% as Sensex slides

Share price of MRF falls as Nifty weakens

MRF Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MRF shares down 1.49% as Sensex rises

Share price of MRF rises as Nifty strengthens

MRF hits 52-week low of Rs 73,111 on margin concerns; dips 9% in 3 weeks

Nifty Auto nosedives 3.5% with all stocks in deep red; Tata Motors, Maruti, M&M, MRF, Hero MotoCorp worst hit

Shares of MRF fall as Nifty drops

Amazon, Asian Paints, Tata Tea top rankers in Kantar’s purposeful brands ranking

MRF shares fall 1.14% as Nifty gains

MRF stock price up 0.87 per cent as Sensex climbs

MRF shares rise 0.82% as Sensex slides

Share price of MRF falls as Nifty weakens

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock