Edition:
India

MRF Ltd (MRF.BO)

MRF.BO on Bombay Stock Exchange

72,106.75INR
23 Feb 2018
Change (% chg)

Rs2,001.15 (+2.85%)
Prev Close
Rs70,105.60
Open
Rs70,300.00
Day's High
Rs72,456.00
Day's Low
Rs70,300.00
Volume
1,697
Avg. Vol
804
52-wk High
Rs74,499.00
52-wk Low
Rs51,148.00

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Thu, Feb 1 2018

BRIEF-MRF Dec-Qtr Profit Up About 18 Pct

* DEC QUARTER PROFIT 3.41 BILLION RUPEES VERSUS PROFIT OF 2.88 BILLION RUPEES LAST YEAR

BUZZ-India's tyre makers rise as rubber prices hit 2-week low

** Indian tyre makers such as Ceat Ltd and MRF Ltd rise as benchmark Tokyo rubber futures plunged more than 4 pct to a two-week low

BRIEF-India's MRF Sept-qtr profit down about 22 pct

* Sept quarter profit 3 billion rupees versus profit of 3.85 billion rupees last year

BUZZ-Growth recovery to drive India's tyre sector re-rating - Deutsche Bank

** Deutsche Bank starts coverage on MRF Ltd and Ceat Ltd with "buy" rating and PT of 80,000 rupees and 2,150 rupees respectively, citing revival in volume growth and margins

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