MRF

According to media reports, domestic tyre companies have undertaken a price hike in response to a rise in key raw material prices (primarily natural rubber).

Pune's Rugved Barguje will defend his title at the 22nd edition of the MRF MoGrip FMSCI National Supercross Championship 2023, which will kick-start here on Saturday. The first of the six rounds of the biggest off-road racing National Championship in India will be promoted by Godspeed Racing, Pune. The bikers will experience highly-technical, custom-made tracks with jumps, table tops, hoops and other obstacles, created by a team headed by Shyam Kothari, a 7-time National champion and head of Godspeed, the rights-holder. After the first round here, the Championship will travel to Vadodara, Nasik, Bengaluru, Guwahati, and Shillong is expected to host the grand finale in the picturesque north-east hill station. About 120 riders, the cream of talent from all over the country, will fight for points in eight categories, where top factory riders from Petronas TVS Racing and Hero MotoSports vie with talented privateers. With MRF Tyres as the title sponsor, the Supercross Nationals is the

Tyre maker MRF Ltd on Thursday reported a 17 per cent rise in consolidated net profit from continuing operations at Rs 174.83 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit from continuing operations at Rs 149.39 crore in the same quarter last fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 5,644.55 crore, as against Rs 4,920.13 crore in the year-ago period, it added. Total expenses were higher at Rs 5,484.72 crore in the third quarter, as compared to Rs 4,787.33 crore in the corresponding period a year ago. The board of directors has declared a second interim dividend of Rs 3 per equity share (at 30 per cent) for the financial year ending March 31, 2023, MRF Ltd said. The company further said its board has also approved the re-appointment of Arun Mammen as its Managing Director with the designation "Vice Chairman & Managing Director" for a period of

CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards

Most tyre stocks including JK Tyre, Apollo Tyres, CEAT, MRF and TVS Srichakra look strong on technical charts, looking to rally up to 16 per cent

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards

Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe

Firm approves second interim dividend of Rs 3 per equity share

The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator's order imposing penalties on them for anti-competitive practices

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.

As of 10:09 AM, the S&P BSE Auto index was the top sectoral gainer up 1.1 per cent as compared to 0.31 per cent decline in the S&P BSE Sensex

The company's revenue from operations was up 16% YoY to Rs 4,908 crore

Tyre maker MRF on Tuesday reported 53.99 per cent decline in consolidated net profit at Rs 189.06 crore for the second quarter ended September 30, 2021

Balkrishna Industries hit a new high of Rs 2,656.95, up 5 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 2,558.15 touched on August 4, 2021

Analysts at Anand Rathi Research are positive on the outlook for the company as demand in TBRs, PCRs and two wheelers has started to pick up

Tyre major MRF on Monday posted over 12-fold increase in its consolidated net profit at Rs 166 crore for the first quarter ended June 30. The company had reported a net profit of Rs 13 crore in the April-June quarter of last fiscal. Revenue from operations rose to Rs 4,184 crore for the first quarter as against Rs 2,461 crore in the Q1 of 2020-21, MRF said in a regulatory filing. MRF shares were trading 3.16 per cent up at Rs 82,020.25 apiece on BSE.

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021

After a strong Q3, margins may come under pressure due to rising raw material costs

The company's stock, which was trading at around Rs 97,000 on Thursday morning, dropped to Rs 94,428.10 (at 12.55 p.m) after the results were announced