MRF: Inverted Head & Shoulders Breakout |Targets Ahead! MRF has confirmed a breakout from an Inverted Head & Shoulders pattern on the daily chart, signaling a potential bullish trend reversal. The breakout has occurred with strong volumes, adding conviction to the move.
🔍 Trade Setup:
Buy Above: ₹115,579
Stop Loss: ₹111,230 (Closing Basis)
Targets:
🎯 T
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4,134.00 INR
20.81 B INR
251.61 B INR
2.26 M
About MRF LTD
Sector
Industry
Website
Headquarters
Chennai
Founded
1946
ISIN
INE883A01011
FIGI
BBG000CVV850
MRF Ltd. engages in the manufacture, distribution, and sale of rubber products. The firm's products includes tires, tubes, flaps, tread rubber, and conveyor belt. It also manufactures paint, coats, pretreads, and sports goods. The company was founded by K. M. Mammen Mappillai in 1946 and is headquartered in Chennai, India.
MRF Finds Strong Support After Severe Correction Topic statement:
MRF has experienced a sharp correction in recent months, with the stock finding strong support at the retracement level and indicators are giving an oversold opportunity.
Key points:
- Stock has corrected to the 61.8% retracement level at 1,08,000, providing strong support
- S
MRF Support & Resistance levels MRF Limited Overview and Current Market Levels
MRF Limited, India's largest tyre manufacturer, is a renowned multinational with a diverse product portfolio that includes tyres, tubes, conveyor belts, paints, and toys. It is recognized globally for its innovation and high-quality products, with a str
MRF LTDMRF Ltd. is currently forming a symmetrical triangle pattern, indicating potential volatility as it approaches a breakout. This pattern shows the stock consolidating with a series of higher lows and lower highs. The support and resistance levels marked on the chart demonstrate the boundaries of this
MRF Stock (Daily Timeframe) : Falling Wedge Pattern Pattern: Falling Wedge
Stock: MRF
Timeframe: Daily
Status: Pattern yet to break
Pattern Characteristics:
A falling wedge occurs when the price is making lower highs and lower lows, but the distance between the lows and highs is narrowing.
This indicates that bearish momentum is weakening, and a
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MRF is 129,920.00 INR — it has increased by 1.52% in the past 24 hours. Watch MRF LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MRF LTD stocks are traded under the ticker MRF.
MRF stock has risen by 4.69% compared to the previous week, the month change is a 12.07% rise, over the last year MRF LTD has showed a 0.37% increase.
We've gathered analysts' opinions on MRF LTD future price: according to them, MRF price has a max estimate of 141,052.00 INR and a min estimate of 90,667.00 INR. Watch MRF chart and read a more detailed MRF LTD stock forecast: see what analysts think of MRF LTD and suggest that you do with its stocks.
MRF stock is 2.29% volatile and has beta coefficient of 1.14. Track MRF LTD stock price on the chart and check out the list of the most volatile stocks — is MRF LTD there?
Today MRF LTD has the market capitalization of 542.69 B, it has increased by 7.57% over the last week.
Yes, you can track MRF LTD financials in yearly and quarterly reports right on TradingView.
MRF LTD is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
MRF earnings for the last quarter are 723.40 INR per share, whereas the estimation was 955.80 INR resulting in a −24.31% surprise. The estimated earnings for the next quarter are 783.80 INR per share. See more details about MRF LTD earnings.
MRF LTD revenue for the last quarter amounts to 68.83 B INR, despite the estimated figure of 67.54 B INR. In the next quarter, revenue is expected to reach 69.88 B INR.
MRF net income for the last quarter is 3.15 B INR, while the quarter before that showed 4.71 B INR of net income which accounts for −32.98% change. Track more MRF LTD financial stats to get the full picture.
MRF LTD dividend yield was 0.15% in 2023, and payout ratio reached 4.08%. The year before the numbers were 0.21% and 9.65% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 25, 2025, the company has 19.21 K employees. See our rating of the largest employees — is MRF LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MRF LTD EBITDA is 39.18 B INR, and current EBITDA margin is 17.14%. See more stats in MRF LTD financial statements.
Like other stocks, MRF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MRF LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MRF LTD technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MRF LTD stock shows the strong buy signal. See more of MRF LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.