Sudip Bandopadhyay of Destimoney Securities told CNBC-TV18, "MRF is an excellent stock. It has been performing consistently well and with the rubber prices coming down there is a significant benefit. One has to remember that the crude oil price coming down does help the tyre companies. So, overall things have been extremely positive for the tyre companies and MRF being the leader obviously derives quite a lot of benefit of all these cost advantages.""We have been little cautious because of the Chinese dumping and related issues but there are steps which are being taken to take care of that issue. Overall it is a great company. The valuation at this stage looks a bit rich but if somebody has one year plus time horizon, I don't see any problem in acquiring even at current level," he said.
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