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1 Comment
MRF Limited is currently in a long term uptrend where the price is trading 1.1% above its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 2.3.
MRF Limited's total revenue rose by 13.9% to $46B since the same quarter in the previous year.
Its net income has increased by 115.7% to $5B since the same quarter in the previous year.
Finally, its free cash flow grew by 129.8% to $24B since the same quarter in the previous year.
Based on the above factors, MRF Limited gets an overall score of 5/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE883A01011 |
Industry | Auto Parts |
Sector | Consumer Cyclical |
Market Cap | 603B |
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PE Ratio | 32.24 |
Target Price | 135979.9 |
Beta | 0.33 |
Dividend Yield | 0.2% |
MRF Limited, together with its subsidiaries, engages in the manufacture and sale of rubber products in India and internationally. The company provides tires for passenger cars, two wheelers, fighter aircraft, farm, trucks, OTR, SCV, LCV, pick up, three wheeler, MCV, ICV, and tubes and valves products; rubber products, such as tubes, flaps, and tread rubber products; and manufactures specialty coatings. It also involved in the paints and coats, sports goods, and motorsports businesses. In addition, the company operates MRF T&S that provide computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tire changing; MRF TireTok which offers robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, semi-automatic tyre changer, A/C recovery and recharging, electronic headlight aligner, nitrogen generator membrane type, and special two-wheeler tire changer; MRF Tyredrome; MRF FASST that offers wheels removal and refitment, and tire mounting and de-mounting services; and MRF MuscleZone shops, as well as provides training for light and heavy commercial vehicle driving. The company was founded in 1946 and is based in Chennai, India.
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