2. Brief Review of Company:
• MRF represents the Madras Rubber Factory.
• It was founded in the year 1946 by K.M.Mammen Mappillai
and has its headquater in Chennai, TamilNadu.
• MRF makes all types of tyres from auto to sedan, bias to radial
also tubes and conveyor belts. It is India's largest tyre
manufacturing company and among the dozen largest
worldwide. It exports to more than 65 countries.
• MRF LTD is a leader in the category holds the No.1 position
for the last 21 years. It is the first tyre company in India to
reach a turnover of 5000 Crores. . It exports its products to
more than 65 countries.
6. Various Highs and Lows during the month.
High Low
Opening 11848 as on 9950 as on
07-12-2012 21-11-2012
Highest 11948 as on 10040 as on
07-12-2012 21-11-2012
Lowest 11909 as on 9921.15 as on
07-12-2012 21-11-2012
Closing 11767.15 as on 9889.3 as on
06-12-2012 20-11-2012
7. Comparative Analysis
company Increase in %ge from 8th to Increase in %ge from 8th
7th dec. nov to uptill today.
Apollo 6.15% 7.2%.
Jk tyre 6.69% 9.04%
MRF 15.59% 26.06%
8. Analysis
• With the start from Rs 10250 at NSE Nifty for a month ago
to Rs 11700 at NSE Nifty to now, MRF has made tremendous
progress in the market.
• Further, the stock price the company rose greatly on 5th of
December when there was a major hit on the price of rubber
which fall to 161 from 171.
• Thus the price of MRF has showed a good growth from the
November and it can further go up in near dates.
• So it will be profitable to invest in the share and if it has
been purchased it should be retained as the company has
good possibility to gain further if the price of rubber fell.
