MRF gains on launching new range of motorcycle tyres ‘Nylogrip Ezeeride’

Date: 16-04-2019

MRF is currently trading at Rs. 58262.05, up by 222.30 points or 0.38% from its previous closing of Rs. 58039.75 on the BSE.

The scrip opened at Rs. 58200.00 and has touched a high and low of Rs. 58500.00 and Rs. 58200.00 respectively. So far 106 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 81423.00 on 30-Apr-2018 and a 52 week low of Rs. 53901.45 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 58904.65 and Rs. 57305.00 respectively. The current market cap of the company is Rs. 24734.35 crore.

The promoters holding in the company stood at 27.64%, while Institutions and Non-Institutions held 21.48% and 50.88% respectively.

MRF has introduced a new range of motorcycle tyres ‘Nylogrip Ezeeride’. MRF Nylogrip Ezeeride is available at the flagship MRF Tiretok, MRF T&S stores and MRF Exclusive dealers across the country.

This latest product will be available in tube and tubeless versions for both the front and the rear in ten sizes fitting popular commuter bikes and extending to the Enfield and Harley-Davidson motorcycles.

MRF is engaged in the manufacturing, distribution and sale of tyres for various kinds of vehicles. The company offers tyre shopping, tyredrome and tyre maintenance services. It also provides an institute for driver development.

Latest Financials

Latest Financials

 - MRF Ltd.

  Standalone Consolidated
TTM EPS (Rs) 2,707.67 2,668.17
TTM Sales (Rs. Cr.) 15,683 15,000
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
24,507.81 22,961.24
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
10,390 9,734
P/BV
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
2.36 2.51
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
21.33 21.64
From the Market
52 Week High / Low (Rs) 81423.00/53901.45
All Time High / Low (Rs) 81423.00/11.00
Volume Traded 497
Market Cap (Rs. Cr.) 24,489
Equity (Rs. Cr.) 4.24
Face Value (Rs) 10
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
19.38
57742.45 0.00 (0.00%)
Apr 18, 18:59
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