Page 2 - Mrf

Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high

Shares of JK Tyre & Industries hit a 52-week high of Rs 103.80 amid heavy volumes

As MRF stock outperforms, margin worries may go up; valuation as well

The recent trigger for the stock was a better-than-expected operating performance in the September quarter.

Auto ancillary stocks rally; Amara Raja, MRF, Balkrishna Ind hit 52-wk high

MRF hit a fresh 52-week high of Rs 81,000, up 2.4 per cent on the BSE, thus gaining 26 per cent in the past month.

MRF pre-tax profit down 93% to Rs 28 cr in Q1 on Covid hit

Revenue dropped by nearly 45 per cent to Rs 2,403.57 crore during the first quarter ended June 30, 2020 as against Rs 4,40950 crore

MRF Q1 profit falls 95% to Rs 13 crore; revenue dips to Rs 2,460.7 crore

Revenue from operations in the period under review stood at Rs 2,460.70 crore as against Rs 4,470.82 crore in the corresponding quarter last fiscal, it added

VIX shows no downside risk for Nifty in short-term: Nilesh Jain

The momentum indicators and oscillators on the weekly scales are still in 'buy' mode

Covid-19 impact: MRF profit before tax skids 28% to Rs 292 crore in Q4

The tyre industry has been facing demand problems emanating from the crisis that the auto sector has been facing for some time

Sensex slips 210 pts amid weak global cues; Voda Idea up 7% ahead of Q4 nos

All that happened in the markets today

Chinese hackers attack defence ministry, many pvt entities like Jio: Report

The sectors that were targeted were telecom, pharma, media companies, smartphone makers, construction, and tyre firms

War on Covid-19: MRF to shut plants, sales offices under 21-day lockdown

Head office to remain shut too; firm says financial impact of decision not ascertainable right now

MRF profit declines 15% in Q4 to Rs 294 crore

Total income for the financial year 2018-19 grew 5 per cent to Rs 16,484.19 crore compared to Rs 15,695.62 crore in the previous fiscal.

MRF can avail input tax credit only for invoice value: Tamil Nadu authority

MRF approached the ARA to check if it legally could avail of the input tax credit on the entire GST charged on the supply of invoice

Workers strike at Tiruvottiyur factory illegal as notice not served: MRF

The workers alleged that they were forced to go on strike in response to the company's decision to install surveillance cameras and delay the wage settlement

MRF Q3 net dips 18% to Rs 279 cr on higher expenses, posts rise in revenue

MRF's total expenses in the third quarter 2018-19 increased to Rs 3,750.25 crore

MRF posts 20% rise in Q4 net at Rs 3.45 bn, total income rises to Rs 39 bn

Shares of MRF ended 3.39% down at Rs 77,045.75 on the BSE

MRF shares hit new high of Rs 78,234 per share

So far in the calendar year 2018, MRF shares have beat the market by gaining 8% against 0.1% decline in the S&P BSE Sensex.

MRF MD Arun Mammen appointed as vice-chairman of the company

Tyre manufacturing major MRF Ltd has appointed its Managing Director Arun Mammen as the Vice Chairman of the company, while Rahul Mammen Mappillai, whole time director of the company has been appointed as the Managing Director of the company with immediate effect.At a meeting held today, company's Board has appointed Arun Mammen, managing director as Vice Chairman of the company and re-designated him as Vice Chairman and Managing Director with immediate effect. K M Mammen, Chairman & Managing Director of the company and Arun Mammen, Managing Director, are brothers.Rahul Mammen Mappillai, who has been appointed as the Managing Director, is the son of K M Mammen.During the quarter ended March 31, 2017, MRF's profit dropped to Rs 286.77 crore from Rs 423.46 crore, a year ago, a decline of 32 per cent.Total income dropped to Rs 3778.23 crore from Rs 3839.02 crore, during the same period last year.The recent years saw the range of economic upheaval both favourable and favourable, said .

MRF net dips to Rs 288 crore

Total Income has increased to Rs 3707.14 crore for the quarter ended December 31

MRF Q3 net profit down 31% at Rs 288 cr

The company had posted consolidated net profit of Rs 415.59 crore in the year-ago period

MRF's Gujarat plant to feed exports

MRF signed an agreement with Gujarat govt to invest Rs 4,500 cr over next 10 years