MRF Dividend Record Date: MRF Ltd (NSE: MRF), a tire manufacturer will pay its shareholders an end-of-year dividend of 194 rupees per share during the year 2024. The record date for this is 25 July.
At this time shareholders whose names are to appear in the Members Register at the company or depositories in the capacity of beneficial owner share will be eligible to receive dividends.
The company had announced in May while releasing the financial results for the January-March 2024 quarter that its board has decided to give a final dividend of Rs 194 per share on every share with a face value of Rs 10 for the financial year 2024.
MRF Ltd has already given 2 interim dividends of Rs 3-3 per share during the entire financial year 2024. According to BSE data, the company’s revenue in the March 2024 quarter was Rs 6,215.05 crore.
During this time the net profit was reported at the sum of Rs 379.55 crore. During the entire financial year 2024, net profit was Rs 2,040.95 crore and revenue was Rs 24,673.68 crore.
MRF Stock Up 25% In One Year
On Friday, July 19, the share price of MRF Ltd closed at Rs 127988.75 on BSE. The market value for the firm is 54,200 crore rupees.
As of the end of June 2024, promoters held a 27.78 percent stake in the company and public shareholders held a 72.22 percent stake.
The stock has strengthened by about 25 percent in the last year.
The 52-week high of the stock is Rs 151,283.40 and the lowest level is Rs 101,447. The 52-week high for the share is 151,283.40 rupees while the lowest is 101,447 rupees. The circuit limit is 10 percent.
MRF Stock Performance
| Current Price | ₹ 1,28,124 |
| 52-wk High | ₹ 1,51,445 |
| 52-wk Low | ₹ 1,01,400 |
| 5 Days Return | -2.31% |
| 1 Month Return | 1.92% |
Key Fundamentals Parameters
| Market Cap | ₹ 54,324 Cr. |
| Stock P/E | 27.6 |
| Book Value | ₹ 39,384 |
| Dividend | 0.16 % |
| ROCE | 16.1 % |
| ROE | 12.6 % |
| Face Value | ₹ 10.0 |
| P/B Value | 3.25 |
| OPM | 17.0 % |
| EPS | ₹ 4,907 |
| Debt | ₹ 2,822 Cr. |
| Debt to Equity | 0.17 |
MRF Shareholding Pattern
| Promoters Holding | |
| June 2023 | 27.77% |
| Sept 2023 | 27.75% |
| Dec 2023 | 27.76% |
| Mar 2024 | 27.78% |
| Jun 2024 | 27.77% |
| FII Holding | |
| Jun 2023 | 18.77% |
| Sep 2023 | 19.58% |
| Dec 2023 | 19.41% |
| Mar 2024 | 19.75% |
| Jun 2024 | 19.08% |
| DII Holding | |
| Jun 2023 | 11.71% |
| Sep 2023 | 11.19% |
| Dec 2023 | 11.45% |
| Mar 2024 | 10.57% |
| Jun 2024 | 10.74% |
| Public Holding | |
| Jun 2023 | 41.75% |
| Sep 2023 | 41.48% |
| Dec 2023 | 41.39% |
| Mar 2024 | 41.92% |
| Jun 2024 | 42.41% |
MRF Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 16,237 Cr |
| 2021 | ₹ 16,162 Cr |
| 2022 | ₹ 23,008 Cr |
| 2023 | ₹ 23,008 Cr |
| 2024 | ₹ 25,169 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ 1,423 Cr |
| 2021 | ₹ 1,277 Cr |
| 2022 | ₹ 669 Cr |
| 2023 | ₹ 769 Cr |
| 2024 | ₹ 2,081 Cr |
Conclusion
This article provides a detail guide about MRF Ltd share.
The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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