MRF Tyres Shares Reach Rs 1 Lakh, Becomes 1st Indian Company to Reach this Height

Mumbai: The price of shares of tyre company MRF reached Rs 1 lakh on Tuesday. No other shares in the Indian stock market had ever been traded at this price. On Tuesday MRF tyres share price increased by 1.5% to strike out the Rs 1,00,000 mark

MRF is one of the most expensive shares in India and now buyers are happy. On Monday, MRF had closed at Rs 98,968.55 on the NSE. On Tuesday the share price touched an intraday high of Rs 1,00,439.95.

In past one year it has risen from its 52-week low of Rs 65,878.35 on 17 June, 2022.

Financial experts feel MRF stocks will show upward acceleration and reach Rs 1,10,000.