As part of our Wealth Creator Series , today we look at MRF. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
MRF enjoys its position as the market leader with a 25 per cent market share. It recorded a turnover of over `12,000 crore in FY12 and expects that replacement demand will continue to keep its drive smooth even if OEM moderates. Also, expected pick up in radialisation in commercial tyres is likely to boost margins. Concern: Valuations have already factored in the key positives. Wait for a correction.