MRF Ltd.
Share Price Target & Analysis

NSE:MRF

127695.17

VWAP

128000.00

Open

128195

Close

128549.95

High

127301.95

Low

151445.00

52 Week High

127445.45
-749.50 (-0.58%)

MRF

(AUTOMOBILE)
57.4% Momentum

Turnaround Potential

95150.00

52 Week Low

4812.26

EPS

33.13

PE

3.29

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 127445.45, 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 4812.26. NSE:MRF book value per share as of today is 38764.67. The current price to book ratio for MRF as of May 15, 2024 is 3.29.

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 46.20% is very crucial parameter which shows that 46.20% investors are anticipating that the price of MRF share should go up with VWAP at 127695.17.

Now, the main question is whether to BUY or SELL, NSE:MRF at current valuation.
As per latest Analysis No. #1582:-

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 (May 15, 2024)

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

MRF Ltd. share price moved Down by -0.58% from its previous close of Rs 128195. MRF stock last traded price is 127445.45. MRF share price trend is Down with a total of 6132 stocks traded till now. It has touched an intraday high of Rs 128549.95 and an intraday low of Rs 127301.95. The MRF trading at 127445.45, Down by Rs. -749.50, or -0.58 percent which suggests that most of the Traders are anticipating that the price of MRF share should go Down.

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 Down by -0.58%. MRF share price short term trend is Down. It suggests that MRF Share Price for Tomorrow remains the same with VWAP at 127695.17 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

127445.45

MRF Share Price Target Prediction for 2024 ^

118512.2 - 152194.7

MRF Share Price Target Prediction for 2025*^

152194.7 - 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
38570.8

*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: @130821

MRF Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 129689 BUY 130041 BUY
MA_12 130213 BUY 130659 BUY
MA_20 131935 SELL 131770 SELL
MA_32 134231 SELL 133675 SELL
MA_50 138511 SELL 134478 SELL
MA_100 136706 SELL 132687 SELL
MA_200 121120 BUY 122897 BUY

MRF Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 131935 Downtrend
MACD 269.54 BUY
ADX 38.74 Strong Trend
DMI (+/-) 16.54 / 27.81 Downtrend

MRF Momentum Oscillators

BUY (5) NEUTRAL (5) SELL (2)
Momentum Oscillators Value Action
RSI 41.69 Neutral
STOCHASTIC_K (Fast) 80.66 Overbought
STOCHASTIC_D (Slow) 62.17 Neutral
CCI 12.28 Neutral
PSAR 132398 SELL
TRUE RANGE 1002.25 BUY
ATR 2264.98 BUY
WILLIAMS R -58.65 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM -824.1 SELL

MRF Last 1 Year Trend

Duration Value
1 Year 51.13%
3 Months -10%
1 Month -0.63%
1 Week 1.4%

MRF Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 17%
SELL 40%

Most popular Questions & Answers about MRF


MRF Ltd. stock last traded price is 127445.45. MRF share price moved Down by -0.58% from its previous close of Rs 128195.

MRF Ltd. share price trend is Down with a total of 6132 stocks traded till now. It has touched an intraday high of Rs 152959.45 and an intraday low of Rs 127301.95. The MRF trading at 127445.45, Down by Rs. -749.50, or -0.58 percent which suggests that most of the Traders are anticipating that the price of MRF share should go Down and the Stop Loss will be around 127695.17.

The market cap of MRF Ltd. is ₹29967.9 (in Cr) as of May 14, 2024.

The current price to earning ratio for MRF Ltd. as of May 14, 2024 is 33.13.

The current price to book ratio for MRF Ltd. as of May 14, 2024 is 3.29.

The highest price of MRF Ltd. stock is ₹151445.00 in the last 52-week.

The lowest price of MRF Ltd. stock is ₹95150.00 in the last 52-week.

MRF Ltd. share trading at ₹127445.45, Down by Rs. -749.50, or -0.58 percent which suggests that most of the traders are anticipating that the price of MRF share should go Down.

In 2023, Stock price target for MRF Ltd. (MRF) are ₹118512.2 on downside and ₹152194.7 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 ₹152194.7 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.

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 4812.26. MRF Ltd. book value per share as of today is 38764.67. The current price to book ratio for MRF as of May 15, 2024 is 3.29.


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 2507.00 62.71 392.57
MRF 127445.45 4812.26 38764.7
APOLLOTYRE 473.00 18.87 155.88
CEATLTD 2289.30 161.75 976.79
JKTYRE 389.65 19.63 110.93
GOODYEAR 1273.70 58.62 261.46
TVSSRICHAK 4061.55 135.25 1454.83
PTL 42.45 1.55 30.55
ELGIRUBCO 63.85 0 59.22
MODIRUBBER 98.80 8.81 140.04
Updated at: 15 May 2024 15:30

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