MRF shares gain after Q2 results; Centrum bullish, sees margin recovery
MRF Tyres moved higher in a quarterly results development.
· Business Standard Mkts
MRF's revenue from operations rose by almost 18 per cent to ₹8,524 crore, while total expenses grew by more than 22 per…
The analysis
MRF Tyres reported ₹8,524 crore, with movement of 18% and 22% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.6% on the day at ₹1,27,125.00, and has returned -3.0% over three months. It sits 20% below its 52-week high. The auto sector has moved -4.9% over the same period, so MRF Tyres is running 1.9 points ahead of its peers.
For MRF Tyres, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: MRF Tyres (MRF), in Auto.
- Over three months: MRF Tyres -3.0% against Auto -4.9% (1.9 points ahead).
- Trading well above normal today: MRF Tyres at 3.4 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MRF TyresMRF · Auto | ₹1,27,125.00 | +1.6% | +4.1% | -3.0% | -19.7% | 3.4× | — |
Auto
1M +7.9% · 3M -4.9%
MRF Tyres
Prices as of 11 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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