Page 5 - Mrf

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

MRF plans to set up Rs 4,500-cr manufacturing plant in Gujarat

Currently, MRF Ltd has eight manufacturing facilities in South India

Tyre stocks gain; MRF hits record high

MRF, Ceat, Goodyear India, Apollo Tyres, JK Tyre, TVS Srichakra and Balkrishna Industries were up 1%-5%

MRF shares tank 6.5% post Q2 results

The stock plunge resulted in a fall of company's market valuation by Rs 1,335.77 crore to Rs 19,702.23 crore

MRF's Sept quarter reports 14 % dip in net profits

There was a marginal drop in the company's income with a concomitant increase in its consumption costs

From balloon seller to most valued stock

MRF's stock has soared more than 100 times since 2001, but high input costs and cheap imports could slow down its forward march

Tyre shares hit new high; Balkrishna Industries, Goodyear India surge over 5%

MRF, Ceat, Goodyear India and Balkrishna Industries were trading at new highs.

MRF's Midas touch: One share equals 16 gm gold

While other tyre stocks surged, MRF touched a high of Rs 50,000 in intra-day trade and is the costliest stock

MRF hits Rs 50,000 on BSE; most expensive on BSE in price terms

The stock can hit Rs 65,000 over the next two - three years, analysts say

MRF, Birla Corp, Kajaria Ceramics, Lumax Ind, Dishman Pharma hit record highs

Bayer Crop, Shree Pushkar Chem, Gulf Oil Lubricants and Atul are among 20 stocks from BSE midcap and smallcap who hit their respective record highs

MRF Q1 net grows 2.3% at Rs 491 cr

Total income grew to Rs 3,481.97 cr

Tyre shares trade weak; MRF hits 52-week low

In past two-months, Ceat, MRF, Apollo Tyres and TVS Srichakra were down over 9% against 3% rise in Sensex.

MRF profit up by 13.01 %

Company expects better fiscal as CV, replacement market are growing, while PV & two-wheeler expects to revive

MRF chief chosen as chairman of tyre manufacturers' body

Meanwhile, Satish Sharma, of Apollo Tyres has been elected as vice-chairman of ATMA