MRF becomes India’s first 6-digit stock, share price crosses Rs 1 Lakh mark
Shortpedia
Content Team
Image Credit: abplive
On Tuesday, when the stock started more than 1% higher, the share price of MRF finally reached the anticipated Rs 1-lakh threshold. At 9.25 am, the NSE was quoting MRF shares at Rs 1,00,050. The stock, however, had already crossed the Rs. 1 lakh threshold in May, although it was in the futures market. The tyre manufacturer's stock has increased more than 45% over the past year and has recovered 81% from its low of Rs 55,000 in March 2020.
