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ResultsBusiness Standard

MRF shares gain after Q2 results; Centrum bullish

Negative-38Company event

GreyOak summary

MRF shares rose over 1% after reporting a 28% profit fall in Q2FY27 due to higher raw material costs. Revenue grew 18% to ₹8,524 crore, while expenses increased 22%. Brokerage Centrum retained a 'Buy' rating, expecting margin recovery as input costs ease.

What it affects

  • MRFNegative -38

    Profit fell 28%Rolling sentiment Negative -61

Source

Read the original at Business Standard

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