MRF Ltd
MRF

50,195.40

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

50,146.15

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

50,170.50

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 50555.00
We recommend an ACCUMULATE on the stock considering OEM volume growth driven by better monsoons and continued traction in replacement. Top line of the company is expected to grow at ~4% CAGR over the period of 2016-2019E. Stock is currently trading at 12.7x FY17E EPS. (Target – Rs 54,792)
Detailed View
50 DMA (.)
51,305.10
100 DMA (.)
50,779.43
200 DMA (.)
43,069.86
Weekly Range (.)
49,600.00
50,900.00
Monthly Range (.)
49,600.00
53,633.00
52 Weeks Range (.)
30,101.00
55,945.00
Detailed Chart