Mrf Share

Shares of leading tyremaker MRF Ltd spurted more than 1 percent to hit its all-time high and became the first Indian stock to cross Rs 1 lakh per share mark on Tuesday.

Auto stocks in focus on November sales data: MRF, Eicher Motors and Tata Motors gained 0.7 per cent to 1.7 per cent each on the NSE, while Hero Motocorp, M&M and Maruti Suzuki shed 0.6 per cent to 0.9 per cent each.

The changes in index constituents, consisting in addition of 12 stocks and removal of two, will take effect from November 30, MSCI said in a statement.

The shares of the company have been divided from one existing equity share with face value of Rs 10 each into ten equity shares of face value of Rs 1 each.

Shares of tyre maker MRF were in huge demand on Wednesday, hitting a one year high of Rs 50,000 during the day to finally close nearly 7 per cent higher.

Tyre manufacturer MRF on Tuesday reported a 13.01 per cent rise in net profit at Rs 375.9 crore for the fourth quarter that ended on March 31.

Meanwhile, in a separate filing the company informed BSE that its Board has decided to change the financial year of the company from "October-September" to "April-March" and for that it is extending the current fiscal for six months.

Shares in tyre manufacturers have seen sharp gains because of strong buying over the last few days. Ceat, Apollo Tyres and MRF all hit their record highs for the second successive session on Tuesday.

Shares in tyre makers gain after traders note rubber prices hovering near their lowest levels in 4-1/2 years, with better monthly auto sales also helping sentiment.

Shares in tyre makers gained 2 to 4 per cent as prices of natural rubber fell to their lowest in 4-1/2 years in the global market.

Weak global cues are likely to dominate sentiments in stock markets on Friday. The standoff in Crimea and fears of slowdown in China are dominating headlines, so financial assets will continue to be under stress as volatility rises.

Tyre maker MRF reported 67.09% increase in standalone net profit at Rs 150.13 crore, for the March quarter.

Facebook is mulling to allow employees sell up to $1 billion of their shares to institutional investors

Shares of leading tyremaker MRF Ltd spurted more than 1 percent to hit its all-time high and became the first Indian stock to cross Rs 1 lakh per share mark on Tuesday.

Auto stocks in focus on November sales data: MRF, Eicher Motors and Tata Motors gained 0.7 per cent to 1.7 per cent each on the NSE, while Hero Motocorp, M&M and Maruti Suzuki shed 0.6 per cent to 0.9 per cent each.

The changes in index constituents, consisting in addition of 12 stocks and removal of two, will take effect from November 30, MSCI said in a statement.

The shares of the company have been divided from one existing equity share with face value of Rs 10 each into ten equity shares of face value of Rs 1 each.

Shares of tyre maker MRF were in huge demand on Wednesday, hitting a one year high of Rs 50,000 during the day to finally close nearly 7 per cent higher.

Tyre manufacturer MRF on Tuesday reported a 13.01 per cent rise in net profit at Rs 375.9 crore for the fourth quarter that ended on March 31.

Meanwhile, in a separate filing the company informed BSE that its Board has decided to change the financial year of the company from "October-September" to "April-March" and for that it is extending the current fiscal for six months.

Shares in tyre manufacturers have seen sharp gains because of strong buying over the last few days. Ceat, Apollo Tyres and MRF all hit their record highs for the second successive session on Tuesday.

Shares in tyre makers gain after traders note rubber prices hovering near their lowest levels in 4-1/2 years, with better monthly auto sales also helping sentiment.

Shares in tyre makers gained 2 to 4 per cent as prices of natural rubber fell to their lowest in 4-1/2 years in the global market.

Weak global cues are likely to dominate sentiments in stock markets on Friday. The standoff in Crimea and fears of slowdown in China are dominating headlines, so financial assets will continue to be under stress as volatility rises.

Tyre maker MRF reported 67.09% increase in standalone net profit at Rs 150.13 crore, for the March quarter.

Facebook is mulling to allow employees sell up to $1 billion of their shares to institutional investors