MRF Limited (MRF)

Price108,655.05 -186.60 (-0.17%)52 Week High112,727.95
ISININE883A0101152 Week Low78,689.95
IndustryAutomotive AftermarketVolume3,372
SectorConsumer DurablesP/E Ratio TTM37.34
Market Cap461.9 B1 Year Beta0.74
Technical Rating of

MRF Limited (MRF) logo

MRF Limited (MRF) is an Indian multinational tire manufacturing company. The company was founded in 1946 and is headquartered in Chennai, Tamil Nadu. MRF Limited is the largest tire manufacturer in India and one of the leading tire manufacturers in the world.

The company has a strong focus on the Indian market. The company has a deep understanding of the Indian tire market and a proven track record of success in manufacturing and marketing a variety of tires to a variety of customers, including passenger cars, commercial vehicles, and two-wheelers.

MRF Limited is well-positioned to continue to grow in the future. The company has a strong track record of growth and a strong brand name. The company is also expanding its product portfolio to meet the growing demand for tires in India and abroad.

Key aspects of MRF Limited (MRF)

  • Products and services: MRF Limited manufactures and markets a variety of tires, including passenger car tires, commercial vehicle tires, and two-wheeler tires. The company also manufactures and markets a variety of specialty tires, such as off-road tires and racing tires.
  • Customers: MRF Limited’s customers include leading automobile manufacturers, tire dealers, and end-users in India and abroad.
  • Financial performance: MRF Limited has been profitable for the past several years and has a strong balance sheet.
  • Market share: MRF Limited is the largest tire manufacturer in India and one of the leading tire manufacturers in the world.
  • Growth potential: MRF Limited is well-positioned to grow in the future due to the increasing demand for tires in India and abroad.

Investment considerations:

The decision of whether or not to invest in MRF Limited (MRF) is a personal one. Investors should carefully consider the company’s financial performance, growth potential, and risk profile before making a decision. Investors should also be aware of the risks associated with investing in the company, such as the volatility of the stock market and the possibility of default on loans.

Overall, MRF Limited (MRF) is a well-established company with a strong track record of growth. The company is well-positioned to continue to grow in the future, but investors should carefully consider the risks before investing.

Here are some additional things to consider before investing in MRF Limited (MRF):

  • The company is facing increasing competition from other tire manufacturers, such as Bridgestone and Michelin.
  • The company is also facing rising raw material costs, which could impact its profitability.
  • The company’s future growth will depend on its ability to expand its product portfolio and to reach new customers.

Investors should carefully consider these factors before investing in MRF Limited (MRF).

          

MRF Limited (MRF) Chart

Technical Analysis of MRF Limited (MRF)

Long Upper Shadow
Long Upper Shadow is formed on MRF Limited (MRF) in 1 Day Timeframe. Long Upper Shadow is a bearish candlestick pattern. To indicate buyer domination of the first part of a session, candlesticks will present with long upper shadows, as well as short lower shadows, consequently raising bidding prices.

Moving Averages

PeriodSimpleExponential
MA 5109,067.68109,026.46
MA 10109,161.34109,058.92
MA 20108,941.83108,687.47
MA 30108,387.52108,035.04
MA 50106,554.58106,423.06
MA 100102,457.28102,491.79
MA 20095,223.8696,874.86

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)71.43Aroon Down (14)7.14
MACD Level (12, 26)701.59MACD Signal (12, 26)919.10
Relative Strength Index (7)46.27Relative Strength Index (14)52.11
Stochastic %D (14 3 3)33.59Stochastic %K (14 3 3)31.34
Stochastic RSI Fast (3, 3, 14, 14)14.19Stochastic RSI Slow (3, 3, 14, 14)18.88
Bollinger Upper Band (20)110,298.62Bollinger Lower Band (20)107,585.03
Keltner Channels Upper Band (20)111,955.99Keltner Channels Lower Band (20)105,418.95
Donchian Channels Upper Band (20)112,727.95Donchian Channels Lower Band (20)107,347.55
Ichimoku Conversion Line (9, 26, 52, 26)110,102.38Ichimoku Base Line (9, 26, 52, 26)109,316.88
Ichimoku Leading Span A (9, 26, 52, 26)107,451.08Ichimoku Leading Span B (9, 26, 52, 26)104,112.32
Positive Directional Indicator (14)22.26Negative Directional Indicator (14)10.72
Volume Weighted Average Price108,827.37Volume Weighted Moving Average 20108,962.10

Oscillator Rating

Oscillators

Awesome Oscillator978.73
Ultimate Oscillator (7,14,28)53.06
Money Flow (14)44.99
Chaikin Money Flow (20)0.01
Commodity Channel Index (20)-16.90
Bull Bear Power-155.64

High / Low

1 Month112,727.95107,347.55
3 Month112,727.9599,000.00
6 Month112,727.9581,786.50
52 Week112,727.9578,689.95
All Time112,727.95401.00

Volume

Volume3,372.00
Average 10 D6,177.30
Average 30 D5,254.07
Average 60 D5,956.37
Average 90 D6,645.68

Change/Volatility

Change-186.60 (-0.17%)
Change 1W-578.80 (-0.53%)
Change 1M-31.20 (-0.03%)
Volatility0.80
Volatility W1.20

Performance

Yesterday22.64
Weekly-2.11
Monthly0.23
3 Month8.68
6 Month28.66
Yearly28.43
5 Year62.17
All Time7,266.44

Misc.

Average Day Range (14)1,666.71
Average Directional Index (14)35.10
Average True Range (14)1,615.18
Williams Percent Range (14)-75.70
Rate Of Change (9)-0.19
Hull Moving Average (9)108,956.72
Momentum (10)-550.10
Parabolic SAR106,995.06

PIVOT POINTS of MRF Limited (MRF)

NameS3S2S1Pivot PointsR1R2R3
Classic86,167.2096,764.15102,725.20107,361.10113,322.15117,958.05128,555.00
Fibonacci96,764.15100,812.18103,313.07107,361.10111,409.13113,910.02117,958.05
Camarilla105,772.09106,743.48107,714.86107,361.10109,657.64110,629.02111,600.41
Woodie's93,604.5897,502.31104,201.53108,099.26114,798.48118,696.21125,395.43
DeMark's - - 105,043.15108,520.08115,640.10 - -

Financial Analysis of MRF Limited (MRF)

Income Statement

Basic EPS (FY)1,813.07
Basic EPS (TTM)2,909.85
EBITDA (Annual YoY Growth)22.22
EBITDA (Quarterly QoQ Growth)32.22
EBITDA (Quarterly YoY Growth)130.85
EBITDA (TTM)30.1 B
EBITDA (TTM YoY Growth)60.89
EPS Diluted (Annual YoY Growth)14.90
EPS Diluted (FY)1,813.07
EPS Diluted (MRQ)1,371.15
EPS Diluted (Quarterly QoQ Growth)72.82
EPS Diluted (Quarterly YoY Growth)376.33
EPS Diluted (TTM)2,909.85
EPS Diluted (TTM YoY Growth)96.75
EPS Forecast (MRQ)1,132.40
Free Cash Flow (Annual YoY Growth)71.66
Free Cash Flow Margin (FY)-3.00
Gross Profit (Annual YoY Growth)28.78
Gross Profit (FY)27 B
Gross Profit (MRQ)17.6 B
Gross Profit (Quarterly QoQ Growth)22.39
Gross Profit (Quarterly YoY Growth)55.32
Gross Profit (TTM YoY Growth)31.48
Last Year Revenue (FY)229.9 B
Revenue (Annual YoY Growth)20.06
Revenue per Employee (FY)6.6 M
Revenue (Quarterly QoQ Growth)10.21
Revenue (Quarterly YoY Growth)13.08
Revenue (TTM YoY Growth)14.95
Net Income (Annual YoY Growth)14.90
Net Income (FY)7.7 B
Net Income (Quarterly QoQ Growth)72.82
Net Income (Quarterly YoY Growth)376.33
Net Income (TTM YoY Growth)96.75
Total Revenue (FY)229.9 B

Valuation

Enterprise Value/EBITDA (TTM)15.33
Number of Employees34,596.00
Number of Shareholders43,500.00
Shares Float2.2 M
Price to Book (FY)3.13
Price to Earnings Ratio (TTM)37.34
Price to Revenue Ratio (TTM)1.94
Price to Sales (FY)2.00
Total Shares Outstanding4.2 M
Research & development Ratio (FY)0.48
Selling & Admin expenses Ratio (FY)5.95
Selling & Admin expenses Ratio (TTM)15.20

Balance Sheet

Total Assets (Annual YoY Growth)5.77
Total Debt (Annual YoY Growth)-6.71
Total Liabilities (FY)97.6 B
Cash & Equivalents (FY)2.6 B
Cash and short term investments (FY)22.3 B

Operating Metrics

Dividends

Dividend Yield Forward0.16
Dividends Paid (FY)-636,200,000.00
Dividends per share (Annual YoY Growth)16.67
Dividends per Share (FY)175.00

Margins

Net Margin (FY)3.34
Net Margin (TTM)5.20
Gross Margin (FY)11.75
Gross Margin (TTM)22.47
Operating Margin (FY)5.17
Operating Margin (TTM)7.27
Pretax Margin (TTM)7.13

MRF Limited (MRF) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23108,500.00109,326.95108,312.10108,757.10108,757.101 T11.1 T36.1 T-660
26-Oct-23108,937.75109,792.00108,800.00109,207.25109,207.252713 T8 T1.1 T
30-Nov-23109,500.00110,497.90109,300.00110,497.90110,135.2044430020

MRF Limited (MRF) OPTIONS

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