MRF: Tyre maker MRF on Tuesday reached a brand new milestone as its stock hit Rs 1 lakh mark in the course of the day. The stock went up to Rs 1,00,300 — additionally its 52-week excessive stage — on the BSE in the course of the day. Shares of the corporate ended at Rs 99,950.65, a achieve of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
At the NSE, shares of the corporate superior 1.48 per cent to hit a document excessive of Rs 1,00,439.95 in the course of the day. It ended at Rs 99,900, up 0.94 per cent. So far this yr, the stock has rallied 12.89 per cent.
MRF makes historical past
“MRF, one of the leading stocks in the Indian stock market, has made history by becoming the first 6-digit stock after surpassing the impressive milestone of 1 lakh,” mentioned Santosh Meena, Head of Research, Swastika Investmart Ltd.
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MRF instructions one of many highest price quotations on the exchanges. The different stock within the excessive price record is Honeywell Automation, with its shares quoting at Rs 41,200.
75 on Tuesday. Some different firms with excessive price tags are Page Industries (Rs 38,407.60), 3M India (Rs 27,068.65) and Shree Cement (Rs 26,138.05).
(With PTI inputs)
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