Question: why mrf share is falling?
Answer: Shares of MRF slipped 4 per cent to Rs 57,097 apiece on BSE in the intra-day trade on Friday after the company posted 18 per cent decline in net profit at Rs 279 crore for December quarter (Q3FY19), due to higher other expenses. It had reported a profit of Rs 341 crore in a year-ago quarter.