Indian tyremaker MRF jumps as quarterly profit surges

MRF

06/02/2026 07:46

** India's MRF MRF.NS shares jump 7.2% to 144,600 rupees

** Tyremaker's Q3 profit jumps more than two-fold to 6.79 bln rupees ($74.8 mln); rev from ops rises 15.3%

** Stock rated as "sell" on an average by 10 analysts; median PT at 145,877.5 rupees, per data compiled by LSEG

** MRF rose 17% in 2025; YTD down 10.5%

($1 = 90.7480 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))