MRF

Market Action & Price Trend

Current Price: Trading in the ₹1,46,900 – ₹1,50,100 range. The stock is experiencing mild profit booking after the sharp rally that followed its Q3 earnings. Corporate Action Impact: The stock officially traded ex-dividend on Friday, February 13, 2026, for the ₹30 (or ₹3 per share) interim dividend, which naturally contributed to minor price adjustments at the open. Trend: After touching highs near ₹1,51,800 last week, the stock has entered a short-term consolidation phase, slightly underperforming the broader market in the last two trading sessions. 2. Updated Brokerage Targets (February 2026) Following the blockbuster Q3 results, analysts remain highly divided on MRF, primarily due to its premium valuation: Motilal Oswal: Maintained a SELL rating but significantly raised their target price to ₹1,29,151 (up from their previous targets). They acknowledged the strong operating performance and EBITDA margin expansion (to 17.2%) but remain cautious on the long-term sustainability of these margins at current valuations. Anand Rathi: Maintains a BUY rating with a much higher target of ₹1,70,000, banking on sustained margin expansion and steady revenue growth over the next few years.