However, a chart from Business Today quotes the price as ₹ 11 per share in April 1993. MRF Share Price and Chart from 1993 – 2019. The current share price as on 11th July 2020 is 65,000 per share.
MRF is the most expensive stock in the Indian equity market, which costs Rs 54,488 for one share. This is because MRF has never split its stock. … The reason behind this can be that as the price of the share is high, a retail trader with small investment won’t be willing to buy MRF shares.
In the intra-day deals today, the stock hit a high of Rs 93,768, and is just 3 per cent away from its record high of Rs 96,456 per share, touched on January 21, 2021. …
Is MRF overvalued?
If you check the current market price of MRF Share, it’s hovering at a whopping price of Rs 84,470 per share. Its all-time high for the last 52 weeks is Rs 98,599. … After all, buying a stock at Rs 84,470 per share is not financially viable for most retail investors.
Is MRF owned by Manorama?
MRF Tyres is owned by the same Syrian Christian family of Kerala that owns Malayalam Manorama.
Stocks to Buy Today: Best Shares to Buy in India
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| Britannia Inds. | 3,883.30 | 3,929 |
| UltraTech Cem. | 7,335.75 | 7,405 |
| Tata Consumer | 818.75 | 829 |
| HDFC Life Insur. | 722.10 | 731 |
Does MRF give dividend?
For the year ending March 2021 MRF has declared an equity dividend of 1500.00% amounting to Rs 150 per share. At the current share price of Rs 78629.50 this results in a dividend yield of 0.19%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
Will MRF fall?
Will it fall more? Yes, according to brokerage firm BOB Capital Markets. According to its research report, the stock faces a lot of headwinds in the near term and the firm maintains its ‘sell’ rating with a target price of Rs 67,000.
Will MRF go up?
There’s a good chance that this upwards movement will continue tomorrow as well. Tomorrow’s movement Prediction of MRF Limited MRF as on 07 Oct 2021 is showing signs of strength.
…
Munafa value: 100 as on 07 Thu Oct 2021.
| Strong resistance | 92996 |
|---|---|
| Strong support | 59006 |
| Strong support | 56116 |
What was the issue price of MRF?
The stock in July 2017 delivered a listing pop of 139.95 per cent, as it debuted at Rs 259.15 on BSE against an issue price of Rs 108 per share.
What is full form of MRF?
MRF (Madras Rubber Factory) is India’s No. 1 tyre manufacturing company.
The Most Expensive Stock Price In India
| 1. | MRF Limited | ₹59,434.95 |
| 2. | Honeywell Automation India Limited | ₹32,238.20 |
| 3. | Shree Cement Limited | ₹19,782.95 |
| 4. | 3M India Limited | ₹19,020 |
| 5. | Page Industries Limited | ₹18,305.65 |