MRF hit a 52-week high of Rs 1,50,981, gaining over 4% intraday on strong buying interest.
Q4 FY25 net profit rose 31% YoY to Rs 498 crore, with revenue at Rs 6,944 crore and EBITDA margins at 15%.
Despite recent gains, analysts remain cautious, with a consensus ‘Sell’ rating and 11% downside from the current price.
MRF trades above key SMAs, with bullish momentum and low volatility; also diversified into paints, conveyor belts, and sports goods.
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