The Economic Times - - Companies -

Con­tin­ued de­cline in global rub­ber prices since early 2011 has boosted the op­er­at­ing per­for­mance of the com­pany, con­tribut­ing to an im­prove­ment in RoE. Nat­u­ral rub­ber prices have been muted ow­ing to weak­ness in crude oil price, a slow­down in au­to­mo­bile de­mand in China and over­sup­ply of in­ven­tory. As the largest tyre man­u­fac­ture in the coun­try with a di­ver­si­fied prod­uct mix and su­pe­rior prod­uct qual­ity, MRF is well po­si­tioned to ben­e­fit from the ex­pected im­prove­ment in both the OEM seg­ment and re­place­ment de­mand.


5-yr Chg (%)

1-yr Ago price (`)

5-yr Ago price (`)

Lat­est RoE (%)

5-yr Avg RoE (%)

9.4 443.5 40,807.6 6,639.6 35.9 28.1

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