NIFTY 23907.25 BANK 51135.40

MRF Ltd.
Share Price Target & Analysis

NSE:MRF

123963

VWAP

123662

Open

123510

Close

124743

High

122538

Low

151445

52 Week High

124597.00 ⇧
1087.10 (0.88%)

MRF

(AUTOMOBILE)
34% Momentum

Turnaround Potential

110768

52 Week Low

4493.01

EPS

26.69

PE

3.21

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MRF Share Price Financial Analysis & Valuation

MRF Ltd. (MRF) is broadly categorized in AUTOMOBILE segment industry which deals in Tyres vertical. It is one of Large Cap company with Market Capitalization of Rs 29967.9 (in Cr). Total number of free float shares are 0.4 (in Lacs). MRF Ltd. is listed on NSE with Exchange ID - INE883A01011 and trading code is NSE:MRF with short name MRF.

MRF Ltd. is good enough to Outperformed the market. MRF gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

MRF Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, MRF Ltd. has declared an equity dividend of Rs 200 per share. At the current share price of MRF at Rs 124597.00, this results in a dividend yield of 0.16 %.

As per the Fundamental Analysis of NSE:MRF, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MRF underlying value and future prospects. All of this data is available in MRF financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MRF, it is clearly understood that MRF is Economical performer in terms of earnings and profit margins with an EPS of 4493.01. NSE:MRF book value per share as of today is 38764.7. The current price to book ratio for MRF as of Nov 23, 2024 is 3.21.

Valuation of the Stock: The current valuation of MRF stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MRF whether to BUY this stock at current valuation. The delivery percentage of MRF is 28.43% is very crucial parameter which shows that 28.43% investors are anticipating that the price of MRF share should go up with VWAP at 123963.

Now, the main question is whether to BUY or SELL, NSE:MRF at current valuation.
As per latest Analysis No. #2120:-

⇑ STRONG BUY MRF if All Greens

⇗ BUY MRF (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MRF (With Stop Loss) if only 1 Green

⇘ SELL MRF if NO Green Indicator

NSE: MRF Share Price Today (Nov 23, 2024)

(MRF Ltd. Daily Analysis on the basis of MRF Intraday Graph & Trend)

MRF Ltd. share price moved Up by 0.88% from its previous close of Rs 123510. MRF stock last traded price is 124597.00. MRF share price trend is Up with a total of 6464 stocks traded till now. It has touched an intraday high of Rs 124743 and an intraday low of Rs 122538. The MRF trading at 124597.00, Up by Rs. 1087.10, or 0.88 percent which suggests that most of the Traders are anticipating that the price of MRF share should go Up.

NSE: MRF Share Price Tomorrow Prediction

(MRF Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MRF)

MRF Ltd. share price moved Up by 0.88%. MRF share price short term trend is Up. It suggests that MRF Share Price for Tomorrow remains the same with VWAP at 123963 will be treated as stop loss for intraday traders. MRF Ltd. Long term investors can follow the MRF long term trend as mentiond in future forecast table.

NSE Code

NSE: MRF

MRF Share Price Today

 124597.00

MRF Share Price Target Prediction for 2024 ^

 116130.3 - 139057.2

MRF Share Price Target Prediction for 2025*^

 139057.2 - 162137

MRF Share Price Target Prediction for 2026*^

 162137 - 173486.6

MRF Share Price Target Prediction for 2027*^

 182161

MRF Share Price Target Prediction for 2028*^

 187366

MRF Share Price Target Prediction for 2030*^

 204228
MRF Current Book Value 2023
38570.9

*MRF Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^MRF share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MRF Technical Analysis

Candlestick Pattern: @120552

MRF Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 120872 SELL 120862 SELL
MA_12 121366 SELL 121961 SELL
MA_20 122866 SELL 123405 SELL
MA_32 127359 SELL 125958 SELL
MA_50 130202 SELL 127855 SELL
MA_100 132683 SELL 129888 SELL
MA_200 133501 SELL 128724 SELL

MRF Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 122866 Downtrend
MACD 248.63 BUY
ADX 34.05 Strong Trend
DMI (+/-) 16.99 / 29.19 Downtrend

MRF Momentum Oscillators

BUY (1) NEUTRAL (8) SELL (3)
Momentum Oscillators Value Action
RSI 36.88 Neutral
STOCHASTIC_K (Fast) 40.65 Neutral
STOCHASTIC_D (Slow) 45.13 Neutral
CCI -47.47 Neutral
PSAR 117708 BUY
TRUE RANGE 1618 SELL
ATR 2552.98 SELL
WILLIAMS R -59.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 63.25 Neutral
STOCHASTIC RSI D 64.17 Neutral
MOMENTUM -9942.05 SELL

MRF Last 1 Year Trend

Duration Value
1 Year 11.37%
3 Months -12.32%
1 Month -7.62%
1 Week -0.39%

MRF Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 27%
SELL 63%

Most popular Questions & Answers about MRF


MRF Ltd. stock last traded price is 124597.00. MRF share price moved Up by 0.88% from its previous close of Rs 123510.

MRF Ltd. share price trend is Up with a total of 6464 stocks traded till now. It has touched an intraday high of Rs 152959.45 and an intraday low of Rs 122538. The MRF trading at 124597.00, Up by Rs. 1087.10, or 0.88 percent which suggests that most of the Traders are anticipating that the price of MRF share should go Up and the Stop Loss will be around 123963.

The market cap of MRF Ltd. is ₹29967.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for MRF Ltd. as of Nov 22, 2024 is 26.69.

The current price to book ratio for MRF Ltd. as of Nov 22, 2024 is 3.21.

The highest price of MRF Ltd. stock is ₹151445 in the last 52-week.

The lowest price of MRF Ltd. stock is ₹110768 in the last 52-week.

MRF Ltd. share trading at ₹124597.00, Up by Rs. 1087.10, or 0.88 percent which suggests that most of the traders are anticipating that the price of MRF share should go Up.

In 2023, Stock price target for MRF Ltd. (MRF) are ₹116130.3 on downside and ₹139057.2 on upside. MRF Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for MRF Ltd. (MRF) are ₹139057.2 on downside and ₹162137 on upside. MRF Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for MRF Ltd. (MRF) are ₹162137 on downside and ₹173486.6 on upside. MRF Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for MRF Ltd. (MRF) will be around ₹187366 MRF Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MRF.

The price of MRF Ltd. (MRF) shares moved by 0.88%. The short-term trend for MRF share price is Up. It implies that the share price of MRF will stay the same tomorrow and that intraday traders should treat VWAP at 123963 as a stop loss. Investors with a long-term outlook can track MRF long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MRF stock is 53871.2. Compared to the current market price of 124597.00 INR, the MRF stock is Overvalued by 56.8%.

As per the fundamental analysis of MRF Ltd. (MRF), it is of Economical quality in terms of earnings and profit margins with an EPS of 4493.01. MRF Ltd. book value per share as of today is 38764.7. The current price to book ratio for MRF as of Nov 23, 2024 is 3.21.


NSE:MRF News & Other Useful Information about MRF Share Price


Peer Comparison of NSE: MRF

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Tyres

Company Price EPS BV
BALKRISIND 2763.60 83.64 458.41
MRF 124597.00 4493.01 38764.7
APOLLOTYRE 495.00 13.6 164.37
CEATLTD 2844.55 143.75 976.79
JKTYRE 361.20 20.18 142.28
GOODYEAR 1273.70 58.62 261.46
TVSSRICHAK 3582.90 100.99 1454.83
PTL 40.32 2.27 63.69
ELGIRUBCO 99.51 2.51 62.69
MODIRUBBER 127.08 4.09 93.27
Updated at: 22 Nov 2024 15:30

Feel free to contact us, in case of any queries.

SITEMAP 2547
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |