Introduction: MRF was started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras (now Chennai). In 1952, the company ventured into the manufacture of tread rubber.[2] Madras Rubber Factory limited was incorporated as a private company in November 1960 and ventured into manufacture of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, United States.[5] The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born.[5] In 1967, it became the first Indian company to export tyres to USA.
Objective: To find out Beta and its significance
Views and Reviews:
Sonipat = I purchased new Sandro on 2/12/18 from Malwa Hyundai Sonipat hr. Fitted with new MRF Tyres. after running 3750 km now one tyres air pressure leaked and now using stepony of coat. I was proud of morph but now i think no one should buy MRF tyres as quality is poor. Yours Surender Kumar Dhingra 1050 sect 23 Sonipat hurry mob 9416354808.
Sabir = It’s beautiful experience MRF is the very good service provider in terms of tubes and tyres for the vehicles because it’s toughness is so high that it’s very difficult to get the tire busted so it was a nice experience with it I am using it from past 10 years and having the wonderful experience.
Rahul = Its a good company for work . salary is also very good n the company is also very good . n we are very secure during job. our can say that our carrier is in good hand. is Dawn good . and also good n also good. every thing is very good in this company .but I also like their environment also. all the employees are helpful to me . my experience is very good at that company. its my advice to aal that join this company for your good future. trust me its my experience n its always right
DATA ANALYSIS
MRF LTD.= 0.350852+0.12171Nifty
In the regression shows us the relationship between nifty and MRF Ltd . MRF Ltd is a independent variable. The positive sign means if nifty rises and MRF Ltd also rises and vice versa.
No of observation are
R^2=0.053764 which means 53.76% of MRF is explained by nifty meaning 46.24% is the error due to the variable which are not in the model.
F=0.061612 and the p-value of which is 0.061612
CONCLUSION
Conclusion = Beta is 0.350852 is less than 1 it means MRF Ltd. is good for long term investment.
REFERNCIntroduction: MRF was started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras (now Chennai). In 1952, the company ventured into the manufacture of tread rubber.[2] Madras Rubber Factory limited was incorporated as a private company in November 1960 and ventured into manufacture of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, United States.[5] The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born.[5] In 1967, it became the first Indian company to export tyres to USA.
Objective: To find out Beta and its significance
Views and Reviews:
Sonipat = I purchased new Sandro on 2/12/18 from Malwa Hyundai Sonipat hr. Fitted with new MRF Tyres. after running 3750 km now one tyres air pressure leaked and now using stepony of coat. I was proud of morph but now i think no one should buy MRF tyres as quality is poor. Yours Surender Kumar Dhingra 1050 sect 23 Sonipat hurry mob 9416354808.
Sabir = It’s beautiful experience MRF is the very good service provider in terms of tubes and tyres for the vehicles because it’s toughness is so high that it’s very difficult to get the tire busted so it was a nice experience with it I am using it from past 10 years and having the wonderful experience.
Rahul = Its a good company for work . salary is also very good n the company is also very good . n we are very secure during job. our can say that our carrier is in good hand. is Dawn good . and also good n also good. every thing is very good in this company .but I also like their environment also. all the employees are helpful to me . my experience is very good at that company. its my advice to aal that join this company for your good future. trust me its my experience n its always right
DATA ANALYSIS
MRF LTD.= 0.350852+0.12171Nifty
In the regression shows us the relationship between nifty and MRF Ltd . MRF Ltd is a independent variable. The positive sign means if nifty rises and MRF Ltd also rises and vice versa.
No of observation are
R^2=0.053764 which means 53.76% of MRF is explained by nifty meaning 46.24% is the error due to the variable which are not in the model.
F=0.061612 and the p-value of which is 0.061612
CONCLUSION
Conclusion = Beta is 0.350852 is less than 1 it means MRF Ltd. is good for long term investment.