MRF became the first Indian stock to touch the rupee one lakh per share mark on Tuesday (June 13). The stock opened at Rs 99,500 on BSE against the previous close of Rs 98,939.70 and touched an all-time high of Rs 1,00,300 in morning trade.
The stock has witnessed strong gains in the last one year. It is up 45 per cent in the last one year against a 19 per cent gain in the benchmark Sensex. MRF shares hit their 52-week low of Rs 65,900.05 on BSE on June 17, 2022. As of the closing of the previous session, the stock is up 50 per cent from that level.