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MRF soars on reporting 95% surge in Q2 net profit

23 Apr 2015 Evaluate

MRF is currently trading at Rs. 39879.10, up by 1133.35 points or 2.93% from its previous closing of Rs. 38745.75 on the BSE.

The scrip opened at Rs. 38900.00 and has touched a high and low of Rs. 40599.95 and Rs. 38900.00 respectively. So far 4549 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 42799.00 on 17-Apr-2015 and a 52 week low of Rs. 19826.55 on 28-Apr-2014.

Last one week high and low of the scrip stood at Rs. 42799.00 and Rs. 38200.00 respectively. The current market cap of the company is Rs. 16656.09 crore.

The promoters holding in the company stood at 27.32% while Institutions and Non-Institutions held 18.59% and 54.09% respectively. 

MRF has reported a rise of 94.66% in its net profit at Rs 332.62 crore for the quarter ended March 31, 2015 as compared to Rs 170.87 crore for the same quarter in the previous year.  Total income from operations of the company has increased marginally by 0.40% at Rs 3312.03 crore for quarter under review as compared to Rs 3298.91 crore for the quarter ended March 31, 2014.

MRF is India’s No.1 tyre manufacturing company with a turnover of Rs 14,000 crore. Currently, the company exports tyres to over 80 countries including America, Europe, Middle East, Japan, and the Pacific region.

MRF Share Price

130559.05 578.85 (0.45%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 130559.05
Apollo Tyres 409.20
CEAT 3325.15
Balkrishna Inds. 2263.25
JK Tyres & Inds. 406.10
View more..

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