The move will bring cost and time efficiency, transparency in charges to investors and strengthen risk management at clearing corporations
Due to the fall in raw material prices, gross margins of the companies have improved. At the same time, volume growth also remained strong.
Stock is trading close to its 52-week high.
Toyota and Tata Motors have raised prices of their cars, better-than-expected results have boosted Paytm stocks, FPIs have pumped in more money in May
In the domestic stock market, on Monday, MRF shares crossed the Rs 1 lakh mark in futures trading. That is, one has to spend one lakh rupees to buy on
MRF is the largest tyre manufacturer in India and has a sizeable presence in all major tyre categories
MRF's consolidated revenue from operations stood at Rs 4,816 crore for the fourth quarter as against Rs 3,685 crore in the same period of FY20
The company's board of directors have recommended a final dividend of Rs 94 per share and a special dividend of Rs 50 per share.
Mrs Bectors Food Specialities, Central Bank of India, MRF, Mold-Tek Technologies, Union Bank of India and SMC Global Securities are slated to announce
The growth in share price indicates that an investment of Rs 10,000 in Balkrishna Industries in 2001 would have now fetched over Rs 2.17 crore