Page 2 - Mrf Tyres

Tyre stks in focus; JK Tyre, TVS Srichakra gain up to 10% in a weak market

DGFT, vide its June 12 notification, has placed import of major tyre categories in the 'restricted' category from the 'free' category earlier.

MRF bags highest rank in customer satisfaction with tractor tyres

The recognition highlights the position of MRF in the market as the most preferred farm tyre brand among tractor owners

Tyre stocks in focus; MRF hits record high, up over 3%

MRF, Ceat and Apollo Tyres were up 3%, TVS Srichakra, JK Tyre & Industries, Goodyear India, Govind Rubber and Balkrishna Industries up in the range of 1% to 2% on the BSE.

Tyre major MRF aims to invest Rs 1,000 cr every year

Tyre major MRF plans to increase its turnover to around Rs 20,000 crore to Rs 22000 crore by 2020-21. To back this target company plans to invest around Rs 800-1,000 crore every year on product, brown fielnd expansion. Company's Rs 4000 crore facility at Gujarat is expected to go on stream by 2020.After unveiling Perfinza range of luxury and premium range of tyres, Arun Mammen, vice chairman and managing director, MRF Ltd said that the company has been investing around Rs 800-1,000 crore every year and this will continues.Koshy K Varghese, executive vice president- marketing, MRF added that the investment will be towards expanding existing facilities, on automation, R&D and others.He added, apart from regular capex, the company is planning to invest around Rs 2,000 crore to commence Phase-I of the Gujarat facility, which is expected to start producing tyres by 2020. MRF's total commitment in this facility is around Rs 4,000 crore. The new facility will produce full range of ...

MRF shares down nearly 4% as Q1 net plunges 78%

Total income during the quarter under review stood at Rs 4,060.93 crore

MRF R&D spend up by 250%; to develop low rolling resistance tyres

MRF has initiated several projects, which include developing low rolling resistance (RR) tyres

Tyre stocks at record high; MRF nears Rs 70,000 mark

MRF, Apollo Tyres, Balkrishna Ind, Ceat, JK Tyre and TVS Srichakra hit record highs.

Tyre stocks in focus; MRF crosses Rs 60,000

MRF hit a new high of Rs 60,140 on BSE in intra-day trade.

Optimism exists, but there are also uncertainties: MRF CMD

At the company's AGM, K M Mammen lamented about govt's unwillingness to slap anti-dumping duty on Chinese imports