{"id":344638,"date":"2026-11-12T10:51:20","date_gmt":"2026-11-12T05:21:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=344638"},"modified":"2026-11-12T10:51:20","modified_gmt":"2026-11-12T05:21:20","slug":"mrf-share-price-target-after-q2-results-rs-165238-clsa-12-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mrf-share-price-target-after-q2-results-rs-165238-clsa-12-november-2026\/","title":{"rendered":"MRF Share Price Target After MRF Q2 Results: A Rs 1,65,238 View Implies About 32% Upside, but Profit Fell 26.6% and Raw-Material Costs Squeezed Margins"},"content":{"rendered":"

CLSA target Rs 1,65,238 for MRF, about 32% above Rs 1,25,105. Q2 FY27 profit -26.6% to Rs 386.99 cr; EBITDA margin about 11.1%. Mint credits Citi; sources conflict.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The MRF share price target of Rs 1,65,238 implies about 32% upside from Rs 1,25,105, per CLSA. MRF Q2 results showed profit down 26.6% to Rs 386.99 cr.<\/p>\n<\/p><\/div>\n

The MRF share price target<\/strong> of Rs 1,65,238 implies about 32% upside from Rs 1,25,105, per CLSA, after MRF Q2 results<\/strong> showed profit down 26.6%. Mint’s headline attributes a 30% upside view to Citi, but the Rs 1,65,238 target appears in CLSA’s report in the sources I found, so the attribution needs checking. This note covers the results, the margin squeeze, the broker views, the price hikes and the risks.<\/p>\n

A target is one broker’s opinion and not a forecast. Check NSE<\/a> and BSE<\/a> for the live quote. Tyre makers are also tracked with the wider auto sector on the Nifty Auto<\/a> index, and the Nifty 50<\/a> and Sensex<\/a> show overall market direction.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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