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Buy MRF shares

MRF (BOM: 500290) Shares


MRF Limited is an Indian multinational and the largest manufacturer of tires in India and the fourteenth largest manufacturer in the world. The company manufactures rubber products including tires, treads, tubes and conveyor belts, paints and toys. It also runs the MRF Pace Foundation, Chennai and MRF Challenge in motorsport. It headquarters in Chennai, India and has a workforce of over 16 000.

K. M. Mammen Mappillai started Madras Rubber Factory in 1946 as a toy balloon-manufacturing unit. In 1952, it started to manufacture tread rubber. In 1960, it ventured into the manufacture of tires in partnership with Mansfield Tire & Rubber Company, based in Ohio, US.

It became the first Indian company to export tires to the US in 1967. In 1973, it started to manufacture Nylon tires for the first time. The Mansfield Tire & Rubber Co sold out its share in 1979 and the name of the company changed to MRF Limited.

In 1989, the company teamed up with Hasbro International United States, the world’s largest toy maker and launched Funskool India. They entered into a pact with Vapocure of Australia to manufacture polyurethane paint formulations and with Italian tire manufacturer Pirelli for conveyor and elevator belt manufacture. During the year 2004-05, the product range of the company expanded with Go-kart & rally tires and tires for two/three wheelers.


  • MRF Limited is involved in the manufacture and sale of automotive tires, tubes and flaps. The company also manufactures rubber products, such as tread rubber and conveyor belt.

  • It offers various categories of products, such as heavy-duty trucks/bus tires, light truck tires, multi utility vehicle/remote control vehicle (MUV/RCV) passenger car tires, motor sports tires, farm service tires, military services tires, fork lift tires, two/three wheeler tires, off road tires, and retreads.

  • The Products division deals with various banking software products. Its related activities include enhancements, implementation and maintenance activities.
  • It also offers paints and coats, and various services, such as TireTok, Tyredrome, MRF FASST and the MRF Institute of Driver Development (MIDD).


  • MRF Limited’s vision is to emerge as pre-eminent global players in the field of polymers and make India a global super power in terms of technology and life.

  • For the 2019 financial year ending on March 31, the company reports profit before tax of Rs1 608.89 Crore. Total income is Rs16 484.19 Crore a growth of 5% compared to Rs15 695.62 Crore. Export for the year is Rs1 566 Crore.

  • MRF Limited commits to its value chain to ensure it reaches its set goals, meet current and future needs of customers and maximizes returns, income growth and capital appreciation for shareholders who purchase shares with it.


  • MRF Limited’s shares trade on the Bombay Stock Exchange (BSE) under stock symbol BOM: 500290. MRF Limited also lists on the National Stock Exchange of India (NSE) under the MRF code.

  • For the 2019 financial year ending on March 31, the company reports profit before tax of Rs1 608.89 Crore. Total income is Rs16 484.19 Crore a growth of 5% compared to Rs15 695.62 Crore. Export for the year is Rs1 566 Crore.

  • Due to MRF Limited’s continued performance on this market, shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2022 and in future.


Buy MRF stocks / shares – A Step by Step Guide how to Buy / Purchase MRF Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.


Upon deciding you want to buy MRF Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.


It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.


Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.


A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.


Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of MRF stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy MRF stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?


Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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