Status: Pending
Age: New (13/08/2025)
Analyst from Anand Rathi Upgrades MRF to Buy with target of ₹1,70,000
Brokerage
Anand Rathi
Analyst
Not specified
Position
Bullish
Start Date
13/08/2025
Horizon
Long Term
Target Price and Expected Returns
Start Price
Target Price
₹1,70,000
Expected Returns
Summary
Anand Rathi is bullish on MRF with a new buy rating and a higher target price of ₹1,70,000.
Anand Rathi's justification for MRF target price prediction
- MRF's Q1 EBITDA fell below expectations due to lower gross margins.
- The company is projected to experience healthy growth in revenue and profitability.
- Positive outlook on replacements and exports is anticipated to lead to increased market share.
- Favorable raw material prices are expected to improve MRF's gross margins.
- Overall, Anand Rathi maintains a positive stance on MRF's growth trajectory.
Sources:
https://www.moneycontrol.com/
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