MRF Ltd - Company Profile
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MRF Ltd (MRF) is a manufacturer and distributor of tyres. Strong R&D, revenue growth and quality control measures are the company's major strengths, whereas increase in debt and geographical concentration remains the cause for concern. Indian automotive industry, new product launch and market outlook: tyres and wheels and increasing car ownership are likely to offer growth opportunities to the company. However, intense competition, counterfeit goods market and raw materials procurement risks could affect its business operations.
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