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MRF announces Rs 3 interim dividend and Q2 results

Negative-28Company event

GreyOak summary

MRF announced an interim dividend of Rs 3 per share with a record date of November 17. The company reported a 23% year-on-year decline in net profit to Rs 417 crore for Q2 FY27, while revenue rose 17% to Rs 8,660 crore. The stock price fell 1% on November 9.

What it affects

  • MRFNegative -28

    Announced Rs 3 dividend and 23% profit drop.Rolling sentiment Negative -61

Source

Read the original at Financial Express

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