Page 4 - Mrf
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
 "Margin pressure may continue for MRF led by raw material costs, product mix")
MRF posts over 12-fold increase in net profit at Rs 166 crore in Q1
Tyre major MRF on Monday posted over 12-fold increase in its consolidated net profit at Rs 166 crore for the first quarter ended June 30. The company had reported a net profit of Rs 13 crore in the April-June quarter of last fiscal. Revenue from operations rose to Rs 4,184 crore for the first quarter as against Rs 2,461 crore in the Q1 of 2020-21, MRF said in a regulatory filing. MRF shares were trading 3.16 per cent up at Rs 82,020.25 apiece on BSE.
 "MRF posts over 12-fold increase in net profit at Rs 166 crore in Q1")
Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank
The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021
 "Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank")
Demand revival to sustain healthy revenue growth for tyre makers
After a strong Q3, margins may come under pressure due to rising raw material costs
 "Demand revival to sustain healthy revenue growth for tyre makers")
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
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
 "Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high")
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.
 "Auto ancillary stocks rally; Amara Raja, MRF, Balkrishna Ind hit 52-wk high")
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
 "VIX shows no downside risk for Nifty in short-term: Nilesh Jain")
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
 "Sensex slips 210 pts amid weak global cues; Voda Idea up 7% ahead of Q4 nos")
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
 "Chinese hackers attack defence ministry, many pvt entities like Jio: Report")
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 profit declines 15% in Q4 to Rs 294 crore")
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
 "MRF can avail input tax credit only for invoice value: Tamil Nadu authority")
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
