MRF

JK Tyre share price: According to analysts, there are risks to the tyre companies' profitability estimates, at least over the next one year

Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they turn ex-date on February 14, 2025

Here is the complete list of shares that will trade ex-dividend this week, along with their details

Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter

MRF Q3FY25 results: The board of directors announced a second interim dividend of Rs 3 per equity share (30%) for the financial year ending March 31, 2025

MRF Vice-chairman about the company's growth strategy, export roadmap, and raw material price concerns, among others

PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.

In one month, the BSE 500 index has underperformed the market by falling 8.1 per cent, as compared to the 6.5 per cent decline in the BSE Sensex during the period

Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.

Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Tuesday, November 19, 2024

After opening in the green territory and gaining 0.40 per cent on Wednesday morning, the shares of tyre manufacturing giant MRF dropped 2.85 per cent at Rs 1,17,500 per share on the BSE

Shares of Elcid were frozen at Rs 3.21 apiece for the past year, with barely any buyers or sellers in the counter

MRF share price: MRF stock is trading higher relative to its historical average

Tyre maker MRF on Thursday said its consolidated net profit declined by 3 per cent year-on-year to Rs 571 crore for the first quarter ended June 30, 2024. The company had reported a net profit of Rs 589 crore in the April-June quarter of last fiscal. Total income increased to Rs 7,280 crore for the period under review as against Rs 6,515 crore in the June quarter of FY24, MRF Ltd said in a regulatory filing. Shares of the company were trading 4.80 per cent higher at Rs 1,41,130 apiece on the BSE.

The jump in the stock price came after the company's profit zoomed 54.8 per cent quarter-on-quarter (Q-o-Q) to Rs 573.4 crore in the June quarter of FY24, from Rs 370.5 crore in Q4FY24.

Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)

Crude prices, which hovered around $88 to 90 over the past three months, represent a 6 to 8 per cent increase from the previous quarter, adding further strain on manufacturers' margins

MRF Limited announced an interim dividend of Rs 194 per share

Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.

Toy manufacturer Funskool India, part of tyre major MRF Group, has taken up expansion at its manufacturing facilities in Tamil Nadu to make India a global hub for toy manufacturing. The expansion work at its premises in Ranipet, would effectively double the manufacturing capacities. The upgraded facilities in both Unit 1 and 2 of the manufacturing facilities represent a substantial investment in Funskool's production capabilities, a company statement here said on Wednesday. "Funskool India has experienced remarkable growth over the years. With this expansion, we solidify our position as a leader in India's toy industry and move closer to our goal of transforming India into a global hub for toy manufacturing" Funskool India Ltd Chairman Arun Mammen said after inaugurating the upgraded facilities. Besides the two units at Ranipet, Funskool India has 1.62 lakh sq ft of manufacturing space at its first plant in Goa. "Our commitment to the Make in India initiative is stronger than ever