Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE 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

Kotak has cut target prices for Apollo, CEAT, and MRF. The decision is driven by a cut in Ebitda margin assumptions due to a further increase in the raw material basket and inadequate price hikes due to elevated competitive intensity and finance cost assumptions as interest rates head north.

Don’t bottom-fish tyre stocks now: Kotak Securities

A total of 103 shares changed hands on the counter till 11:11AM (IST).

Share price of MRF rises as Nifty strengthens

The stock quoted a 52-week high price of Rs 87579.85 and a 52-week low of Rs 62944.5.

MRF shares fall 1.29% as Nifty drops

HDFC Asset Management, Indraprastha Gas, MRF Ltd and Shriram Transport have been excluded, the MSCI said on Friday in its Semi-Annual Index Review

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

Motilal Oswal recommended Neutral rating on MRF with a target price of Rs 69,000 in its research report dated May 10, 2022.

Neutral MRF; target of Rs 69,000: Motilal Oswal

MRF Q4 Review - Beat Led By Strong Revenue Growth: Motilal Oswal

For the full year, the company’s total income stood at Rs 19,304.43 crore compared to Rs 16, 128.58 crore in the previous year, logging a growth of 19.7%.

MRF net drops 51% to Rs 157 crore in Q4 | The Financial Express

Revenue from operations grew 9.8% to ₹5,200 crore

War, raw material cost pull down MRF Q4 net by 51% to ₹157 crore

Says will do its best to recover raw material cost increases in the coming months

Dismal Q4 for MRF; cost pressures, unfavourable market pull down profits

MRF Standalone March 2022 Net Sales at Rs 5,200.29 crore, up 9.76% Y-o-Y

MRF Consolidated March 2022 Net Sales at Rs 5,304.82 crore, up 10.14% Y-o-Y

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

ROE 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 long term average ROE 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

Don’t bottom-fish tyre stocks now: Kotak Securities

Share price of MRF rises as Nifty strengthens

MRF shares fall 1.29% as Nifty drops

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

Neutral MRF; target of Rs 69,000: Motilal Oswal

MRF Q4 Review - Beat Led By Strong Revenue Growth: Motilal Oswal

MRF net drops 51% to Rs 157 crore in Q4 | The Financial Express

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

Don’t bottom-fish tyre stocks now: Kotak Securities

Share price of MRF rises as Nifty strengthens

MRF shares fall 1.29% as Nifty drops

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

Neutral MRF; target of Rs 69,000: Motilal Oswal

MRF Q4 Review - Beat Led By Strong Revenue Growth: Motilal Oswal

MRF net drops 51% to Rs 157 crore in Q4 | The Financial Express

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

ROE 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 long term average ROE 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