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MRF Ltd Share Price (MRF)

₹129632.70.86%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

MRF Ltd share Performance

  • ₹128200
    ₹129874.6
    ₹129632.7
    downward going graph

    1.11%

    Low

    Day's Volatility:1.29%

    High

    0.19%

    downward going graph
  • ₹86086
    ₹151445
    ₹129632.7
    downward going graph

    33.59%

    Low

    52 Weeks Volatility:50.42%

    High

    16.83%

    downward going graph
1 Month Return-2.37 %
3 Month Return-6.09 %
1 Year Return48.48 %
Previous Close₹1,28,524.45
Open₹1,28,500.00
Volume5,828.00
Upper Circuit-
Lower Circuit-
Market Cap₹54,494.37Cr

Analyst Rating for MRF Ltd stock

based on 9 analysts

SELL
0.00%
Buy
22.22%
Hold
77.78%
Sell

Based on 9 analysts offering long term price targets for MRF Ltd. An average target of ₹116299

Source: S&P Global Market Intelligence

Company Information

MRF Ltd is a leading Indian multinational company that was incorporated in 1946. The company is mainly engaged in the manufacture and sale of tyres, treads, tubes and other allied products. MRF Ltd has an extensive network of operations and sales across India, Middle East, Africa and Southeast Asia.

MRF Ltd has a wide range of products, including tyres for cars, buses, trucks, tractors, two-wheelers, three-wheelers, light commercial vehicles, earthmovers and other specialised tyres. The company also manufactures a wide range of treads, tubes, conveyor belts, paints and toys. The company's top products include MRF Wanderer, MRF Pace, MRF Nylogrip, MRF ZVTV and MRF Muscle. MRF Ltd has been recognised as one of the most trusted tyre brands in India and is the largest manufacturer of tyres in the country. The company has also been awarded the 'Best Tyre Manufacturer of the Year' award by the Automotive Tyre Manufacturers Association.

Share Price: ₹129632.70 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹54,494.37Cr as of today
Revenue: ₹6,162.46Cr as on December 2023 (Q4 23)
Net Profit: ₹509.71Cr as on December 2023 (Q4 23)
Listing date: 19 Jan, 1995
Chairperson Name: K M Mammen
OrganisationMRF Ltd
Headquarters
IndustryTyres
E-voting on sharesClick here to vote

Key events for MRF Ltd

  • MRF Ltd Shows Strong Growth in EPS and Margins - 16 Apr, 2024

    MRF Ltd has shown consistent growth in EPS, with a 7.6% increase per year over the last three years. EBIT margins have also grown significantly from 4.2% to 12% in the last 12 months, while revenues are on an upward trend. Insiders hold a considerable amount of wealth invested in the company, currently valued at ₹72b, equating to 13% of the company.

  • MRF Ltd Up for Fifth Straight Session - 02 Apr, 2024

    MRF Ltd is up 0.12% on the NSE, while the benchmark NIFTY is down around 0.15%. The stock has dropped around 7.02% in the last month and has a PE of 28.04 based on TTM earnings ending December 23.

  • MRF Ltd Shareholders See Solid Returns Despite Recent Decline - 29 Mar, 2024

    Over the past five years, MRF Ltd shareholders have seen solid returns of 124%, with a total shareholder return of 63% in the last twelve months. However, the recent 9.4% share price decline has not been so fun for shareholders.

  • MRF Ltd Included in Same-Day Settlement System - 28 Mar, 2024

    MRF Ltd will now be included in the T+0 settlement system, enabling same-day trade settlements. The stock has seen a 1.2% increase and is currently quoting at Rs 133397 on the NSE.

  • Tyre Companies' Stocks Drop Due to Surging Raw Material Prices - 21 Mar, 2024

    Stocks of tyre companies, including MRF Ltd, have dropped by 10-20% since March due to surging raw material prices. The price of natural rubber, a major input for tyre manufacturing, is at a near-decade high level, putting pressure on the profitability of these companies.

  • MRF Shares Fall as Nomura Cautious on Tyre Sector - 19 Mar, 2024

    MRF Ltd shares dropped by up to 2.5% following a report from Nomura that warned of a potential threat to margins for companies in the tyre sector due to rising natural rubber prices.

Fundamentals of MRF Ltd

Insights on MRF Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.41% to 19.74% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 41.38% to 41.91% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 27.75% to 27.78% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, JK Tyre & Industries Ltd has given 145.5% return, outperforming this stock by 97.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, JK Tyre & Industries Ltd has given 270.2% return, outperforming this stock by 204.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MRF stock has moved down by -2.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 6.51K Cr → 6.24K Cr (in ₹), with an average decrease of 2.1% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 588.75 Cr → 509.71 Cr (in ₹), with an average decrease of 6.7% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.34% to 6.51% in Mar 2024 quarter

MRF Ltd Valuation

MRF Ltd in the last 5 years

  • Overview

  • Trends

Lowest (16.42x)

April 3, 2020

Today (26.91x)

April 24, 2024

Industry (59.57x)

April 24, 2024

Highest (70.85x)

November 7, 2022

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth3.57%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.33%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth0.96%
Aditya Birla Sun Life India Gennext Fund Direct Plan GrowthAditya Birla Sun Life India Gennext Fund Direct Plan Growth0.88%
Tata Ethical Fund Direct Plan GrowthTata Ethical Fund Direct Plan Growth1.1%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
27.78%
0.00
Foreign Institutions
19.74%
0.00
Mutual Funds
6.51%
0.00
Retail Investors
41.91%
0.00
Others
4.06%
0.00

Technicals of MRF Ltd share

News & Events of MRF Ltd

Frequently Asked Questions

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MRF Ltd (MRF) share price today is ₹129632.7

MRF Ltd is listed on NSE

MRF Ltd is listed on BSE

  • Today’s highest price of MRF Ltd is ₹129874.6.
  • Today’s lowest price of MRF Ltd is ₹128200.

PE Ratio of MRF Ltd is 26.91

PE ratio = MRF Ltd Market price per share / MRF Ltd Earnings per share

Today’s traded volume of MRF Ltd(MRF) is 5,828.00.

Today’s market capitalisation of MRF Ltd(MRF) is ₹54494.37Cr.

MRF Ltd(MRFPrice
52 Week High
₹151445
52 Week Low
₹86086

MRF Ltd(MRF) share price is ₹129632.7. It is down -14.40% from its 52 Week High price of ₹151445

MRF Ltd(MRF) share price is ₹129632.7. It is up 50.59% from its 52 Week Low price of ₹86086

MRF Ltd(MRFReturns
1 Day Returns
1108.25%
1 Month Returns
-2.37%
3 Month Returns
-6.09%
1 Year Returns
48.48%