MRF tyre manufacturers created a massive feat by achieving a massive 1 Lakh mark. It became the first ever stock in India, to cross this sum on Tuesday, 13th June 2023 at Dalal Street. This is seen as a 52-week high on the Bombay Stock Exchange.
Although the company was about to hit the same target in May 2023, it fell short of it, at just 66.50 rupees. However, the company has taken its place in just 2 months. In India, MRF tops the board, in the list of highest price-tagged stocks. Following this Honeywell Automation is the successor of MRF in the stocks list.
The Industrials conglomerates of India like, Page, Shree Cements, 3M India, Abbott India, Nestle and Bosch are seen as the highest price-tagged Industries in the list.MRF has a total of 42,41,143 shares, of which 30,60,312 are owned by the public stakeholders which is 72.16 percent of the complete equity. A total of 40,000 small investors own the stock of MRF currently.
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