MRF
MRF
Shareholder Return: 3-year, Sales Growth: 3-year CAGR, Return On Equity: 3-year average
At a Glance
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Shareholder Return183%
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Sales Growth7%
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Return on Equity35 %
Why Super 50
The leader in India's replacement tyre market is keenly eyeing opportunities in the performance motorcycle segment. It has added a new series named Masseter to its product portfolio, designed to be a cornering specialist. Earlier this year, the company signed an MoU with the Gujarat government to set up a manufacturing facility in the state. Expectations of a strong growth for the M&HCV and tractor segments augur well for MRF, though the rise in rubber prices remains a concern.
