MRF leased 3.85 lakh sq ft of warehouse space in Pune’s Mawal area from NDR Tradehouse in a 10-year deal. The lease includes a Rs 1.05 crore monthly rental and a 4.5% annual increment. MRF will pay Rs 3.85 lakh monthly maintenance and has made a Rs 3.14 crore security deposit.

MRF leases 3.85 lakh sq ft warehousing space in Pune’s Mawal

The Malabar River Festival (MRF) showcases top international kayakers in thrilling competitions along the Malabar River.

10th edition of Malabar River Festival officially flagged off

MRF Ltd is quoting at Rs 135470, up 2.63% on the day as on 12:49 IST on the NSE. The stock is up 32.13% in last one year as compared to a 23.68% spurt in NIFTY and a 60.12% spurt in the Nifty Auto index.

MRF Ltd rises for third consecutive session

MRF declared a Rs 194 Q4FY24 dividend per share and a total annual dividend of Rs 200 for FY24, with a July 25 record date. Shares closed at Rs 1,31,267.70 on BSE. Prior dividends include Rs 3 interim and Rs 169 final.

MRF to trade ex-dividend tomorrow, last chance for Rs 194 dividend eligibility

After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date

PFC, MRF among 115 stocks to trade ex-dividend this week. Do you own any?

The record date, set by the company, is crucial for determining shareholders’ eligibility for corporate actions like buybacks, bonus issues, or stock splits. Only shareholders whose shares are held in demat accounts on this specific date will qualify for these benefits.

PFC, MRF among 82 stocks to announce record dates for dividend, stock split this week. Do you own any?

Here are all the top calls from the brokerages that you need to know about on Monday.

Brokerage Views: Jefferies, Nuvama On Kotak Bank, Motilal Oswal On MRF And More

Ebitda margin to deteriorate due to raw material pressure and EPR provisions

MRF Q4 Results Review - Weak Operational Performance: Motilal Oswal

MRF’s revenue from operations rose to Rs 6,349 crore in the last fiscal as against Rs 5,842 crore in 2022-23, MRF Net Profit Rises 16% to Rs 396 Crore in Q4; Revenue Up at Rs 6,349 Crore

MRF Net Profit Rises 16% to Rs 396 Crore in Q4; Revenue Up at Rs 6,349 Crore - News18

India’s most expensive stock, MRF has created a buzz on social media with memes overflowing. Why? No, not because of its price but because of the dividend announcements. The company announced a final dividend of Rs 194 for FY24 on Friday along with its Q4 report card. Company’s net profit was up 16% at Rs 396 crore. Revenue from operations were up 9% year on year coming in at Rs 6,349 cr. On May 3, the stock was trading at 1, 28,300 rupees down 4.15%

#mrf #stockmarket #dividend #etnow #etnownews

MRF Dividend Memes: Why Is MRF Buzzing On Social Media? | MRF Share | #shorts

Consolidated net profit of the Chennai-based tyre-maker rose 16% year-on-year to Rs 396 crore in the quarter-ended March.

MRF Q4 Results: Profit Rises 16%, But Falls Short Of Estimates

Hasn't fared well - amongst the low performers

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