Page 3 - Mrf Tyres

Tyremaker MRF misses Sep-qtr profit estimates as input costs weigh

Tyre manufacturer MRF Ltd missed second-quarter profit estimates on Tuesday, as soaring input costs and supply chain issues weighed, offsetting a rise in revenue

Tyre stocks in focus, rally up to 8%; Apollo, Ceat register 52-week highs

The tyre industry is expected to perform well mainly due to easing out of pandemic, increasing demand from OEMs and replacement segment.

MRF's March quarter profit declines 50.26% to Rs 165.21 crore

The company had posted a consolidated profit from continuing operations at Rs 332.15 crore in the same period of the previous fiscal, MRF Ltd said in a regulatory filing

Demand, margin worries: A rough terrain for tyre firms till mid-FY23

The extent of the raw material risk is more for tyres as compared to others given the dependence on the crude oil derivatives.

Stocks to Watch: RIL, Zomato, M&M, Hindalco, Bharat Forge, MRF, Hero Moto

Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann

MRF Q3 net dips 71% to Rs 149 cr, revenue up 6% to Rs 4,920 cr

Firm approves second interim dividend of Rs 3 per equity share

Hit by spike in raw material cost, MRF net profit dips 54% to Rs 189 cr

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

Motown in fast lane! Auto stocks eye up to 20% upside; MRF can hit Rs 1L

The NSE Auto index seems well placed to test its all-time high; Prominent auto stocks like Tata Motors, Bajaj Auto, Hero MotoCorp and TVS Motor can gain 3.5-10 per cent

Margin pressure may continue for MRF led by raw material costs, product mix

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

Higher capex spends likely to impact tyre maker Ceat's return ratios

Muted near term outlook given raw material costs, lower demand

Margin worries, market share loss to weigh on MRF after tepid Q4 show

The company trailed peers on the revenue front in Q4

MRF reports 51% dip in net profit at Rs 332 cr in fourth quarter

Shares of the company were trading 2.39 per cent down at Rs 82,898 apiece on the BSE.

MRF profit grows 116% to Rs 511.72 cr in Dec quarter, revenue rises 14%

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

MRF stock on course to hit Rs 100,000-mark. Is it a good time to buy?

The monthly chart shows a strong bullish sentiment if the stock closes above 95,000 levels

MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say

JK Tyre was trading over 8 per cent higher after the company reported a strong operational performance for the September quarter.

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