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MRF declares lock-out at Kottayam unit

23 Jun 2011 Evaluate

Following a stand-off between the management and workers at Kottayam in Kerala, the Rs 2,383-crore MRF Ltd declared a lock-out at the production unit, citing labour unrest. The factory, which has a production capacity of 175 tonnes per day, provides employment to 2,300 workers in three shifts. The company was manufacturing 2,600 tyres a day at the plant. Estimated daily loss on account of the strike is Rs 3 crore.crackcrack

MRF Share Price

129575.10 -983.95 (-0.75%)
11-May-2026 10:22 View Price Chart
Peers
Company Name CMP
MRF 129575.10
Apollo Tyres 403.05
CEAT 3261.95
Balkrishna Inds. 2161.45
JK Tyres & Inds. 397.25
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