MRF Shares: India’s most expensive stock hits 52-week high at ₹1.5 lakh-mark
Live MintMRF Share Price: India's most expensive stock MRF was locked at over nine per cent upper circuit to hit its fresh 52-week high mark of ₹150,000 or ₹1.5 lakh on Wednesday, January 17. MRF stock price has now extended gains for the sixth consecutive trading session, however, it erased all gains and dropped over one per cent upon market closing earlier today. On Wednesday, shares of MRF opened at ₹136999 and gained 9.4 per cent to hit a 52-week high mark of ₹150,000 against a previous close of ₹136479.30 apiece on the BSE. In the preceding July-September quarter, the company delivered a strong performance, witnessing a record 374 per cent year-on-year growth in consolidated net profit, soaring to ₹587 crore compared to ₹123.9 crore in the corresponding period last year.