MRF News

From selling balloons on the streets to building a Rs 57,383 crore empire, this tycoon’s journey is nothing short of extraordinary. Know how he transformed MRF into India’s largest tyre manufacturer and his surprising connection to cricket star Virat Kohli

KM Mammen Mappillai passed away in 2003, leaving behind the successful conglomerate that today boasts of second strongest tyre brand in the world.

In May, MRF board recommended a final dividend of Rs 169 (1,690 per cent) per share of Rs 10 each.

MRF has already declared and paid two interim dividends of Rs.3/- (30%) each per share for the financial year ended 31st March, 2023.

The entire incident has left Twitterati in splits, with some loving MRF's finishing touches, others simply remarking on India's victory.   

Shares of tyre maker MRF were in huge demand Wednesday, hitting a one year high of Rs 50,000 during the day to finally close with nearly 7 percent gains.

Software majors TCS and Infosys, pharma giants Sun Pharma and Lupin and private sector lenders HDFC Bank and Axis Bank feature in Forbes India's Super 50 List this year, while biggies like Tata Motors and HUL have been dropped.

Apollo Tyres will invest up to USD 600 million (about Rs 4,000 crore) next fiscal to enhance capacity at its plants in India and abroad

South African batsman A B de Villiers was today roped in as the brand ambassador of tyre manufacturing giants MRF Limited.

 Gaurav Gill and his MRF team-mate Pontus Tidemand lit up a damp and cold evening by topping the timesheets in the 960-metre Spectator Special Stage to set the tone and tenor for Rally Hokkaido, the fifth round of the FIA Asia Pacific Rally Championship, here on Friday.

Tyre manufacturer MRF on Monday reported a 94.07 percent surge in standalone net profit at Rs 446.81 crore for the third quarter ended June 30.

Tyre manufacturer MRF on Thursday reported a 94.66 per cent jump in its standalone net profit at Rs 332.62 crore for the quarter ended March 31 on account of lower expenses.