Why MRF shares are so high?
The company was listed in 1993 and has split its stock 7 times since 1997. This increases the number of shares, affecting its face value but providing value to investors who are willing to invest and earn high returns.
Retain Existing Participation. Stock splits by companies typically increase the liquidity of the stock and also makes the stock more affordable. This thereby leads to an increased inflow of investors. MRF would like to keep speculators away as much as possible.
| Summary | Mar 2023 | Dec 2022 |
|---|---|---|
| FII | 18.1% | 18.2% |
| DII | 11.7% | 11.4% |
| Public | 42.5% | 42.5% |
| Others | 0.0% | 0.0% |
If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall. Understanding supply and demand is easy.
MRF shares are one of the most expensive on India's stock exchange. If an investor invested ₹10,000 in MRF 12 years ago now the investor would make a profit of more than 860% approximately. The current investment value would be ₹86,000.
We note that MRF Limited (NSE:MRF) does have debt on its balance sheet.
MRF Tyres's competitors and similar companies include Apollo Tyres, Continental Tire the Americas, Akebono Brake Industry and ATC Tires. MRF Tyres (Madras Rubber Factory) is a company manufacturing tires.
(MRF) shares? Yes, You can buy MRF LTD.
| Type | Public |
|---|---|
| Founder | K. M. Mammen Mappillai |
| Headquarters | Chennai, Tamil Nadu , India |
| Area served | Worldwide |
| Key people | K.M.Mammen (Chairman), Rahul Mammen Mappillai (MD) |
Stock price target for MRF Limited MRF are 83067.73 on downside and 85423.48 on upside.
Does MRF pay dividends?
Key Highlights. Consumer Cyclical stocks do not always pay a dividend but as MRF Ltd pays dividends to reward its shareholders. In the quarter ending March 2023, MRF Ltd has declared dividend of ₹3 - translating a dividend yield of 0.18%.
...
2022.
| Name | Equities | % |
|---|---|---|
| Mowi Pvt Ltd. | 507,984 | 12.0% |
| Comprehensive Investment & Finance Co. Pvt Ltd. | 441,834 | 10.4% |
| SBI Funds Management Pvt Ltd. | 212,583 | 5.01% |
Unfortunately, when a stock's price falls to zero, a shareholder's holdings become worthless. Yet, even before a stock reaches the bottom, major stock exchanges create thresholds that delist shares once they fall below specific price values.
An active, expensive stock might clock a higher overall percentage gain than lower-priced stocks, regardless of the quantity.
If the price band of a company is 10%, then it can rise or fall, only 10% on that entire day of trading. Further, the indexes also have circuit breakers which work on 3 stages- 10%, 15%, and 20%.
MRF intends to reduce CO2 emissions by developing low-rolling resistance tyres, recycle from end-of-lifecycle tyres as raw material for new tyres, reuse by promoting multiple retreaded tyres and promote critical tyre raw materials from environmentally-sustainable sources such as biomass and waste materials.
MRF Ltd. For the year ending March 2022 MRF has declared an equity dividend of 1500.00% amounting to Rs 150 per share. At the current share price of Rs 82901.80 this results in a dividend yield of 0.18%.
MRF Share price target for 2025
In 2025, as per our experience, research and forecast system, the lowest price target for MRF shares would be Rs 98,570.40 to Rs 1,02,450.90.
- #1 SIEMENS.
- #2 SBI LIFE INSURANCE.
- #3 TCS.
- #4 ABB INDIA.
- #5 BHARAT ELECTRONICS.
42 Crore shares outstanding.
Which companies want to be debt free?
- Tata Consultancy Services (TCS) ...
- Infosys. ...
- SBI Life Insurance Company. ...
- Hindustan Unilever (HUL) ...
- ITC. ...
- Divi's Laboratories. ...
- Indian Railway Catering and Tourism Corporation (IRCTC) ...
- Mangalam Industrial Finance.
All About MRF Share Price (Madras Rubber Factory)
The main reason for this is that the company has a great brand name. It is considered to be one of the best tyre manufacturers in India.
MRF Ltd. MRF has not split the face value of the share so far.
- MRF-₹86,650. Market Cap-₹36,802 crore.
- Page Industries-₹37,403. Market Cap- ₹41,636 crore.
- Honeywell Automation-₹35,600. Market Cap-₹31,343 crore.
- Shree Cement-₹25,521.6. Market Cap-₹92,083 crore.
- 3M India-₹23,421.15. ...
- Abbott India-₹20,565.10. ...
- Nestle India-₹18,539.60. ...
- Bosch-₹18,089.30.
MRF Ltd. has not split the face value of the share since Jan 1, 2000.
In 1970 and 1975, MRF offered a share split in the ratio of 1:2 and 3:10. But since then, there have been no share splits.
October 2007 – ₹ 5000.
The stock debuted on April 27 in 1993 at just Rs 11 and it hit an all-time high of Rs 93,855.
First , A Complete range: MRF is the only tyre company in India which makes a complete range of tyres - TBR,TBB,Motorcycle,PCR, LTR etc. When a motorcycle driver migrates to owning a car, MRF also migrates as his preferred choice for his car tyres.
What will MRF stock price be worth in five years (2028)? The MRF ("500290" ) future stock price will be 120383 INR .
What is the highest price target stock?
- The all-time high Target stock closing price was 259.35 on November 16, 2021.
- The Target 52-week high stock price is 254.87, which is 56.7% above the current share price.
| Company Name | LTP | % Change |
|---|---|---|
| Bank of Maharashtra | 27.85 | -1.07 |
| Central Bank of India | 26.3 | -2.41 |
| NHPC | 42.85 | 2.27 |
| Indian Railway Finance Corporation | 28.05 | -0.53 |
| Name | Price & Change | Dividend Yield |
|---|---|---|
| EOG EOG Resources | 119.00 -1.78 (-1.47%) | 7.30% |
| ET Energy Transfer | 12.91 +0.03 (+0.23%) | 7.79% |
| ARCC Ares Capital | 18.26 -0.16 (-0.87%) | 10.41% |
| HESM Hess Midstream Partners | 28.45 +0.03 (+0.11%) | 7.65% |
| Company | Dividend % | Dividend |
|---|---|---|
| Coal India Ltd. | 52.5 | 5.25 |
| Power Finance Corporation Ltd. | 35 | 3.5 |
| NTPC Ltd. | 42.5 | 4.25 |
| HCL Technologies Ltd. | - | Not disclosed |
...
9 high-dividend stocks.
| Symbol | Company Name | Dividend Yield |
|---|---|---|
| SAR | Saratoga Investment Corp. | 12.09% |
| SPOK | Spok Holdings Inc. | 10.33% |
| CTRA | Coterra Energy Inc. | 9.75% |
| DVN | Devon Energy Corp. | 9.48% |
What is the highest salary in MRF Tyres? The highest-paying job at MRF Tyres is a General Manager with a salary of ₹94.4 Lakhs per year. The top 10% of employees earn more than ₹11.35 lakhs per year.
Warren Buffett is often considered the world's best investor of modern times. Buffett started investing at a young age, and was influenced by Benjamin Graham's value investing philosophy.
FAQs about investing in the stock market
Yes, you can lose any amount of money invested in stocks. A company can lose all its value, which will likely translate into a declining stock price. Stock prices also fluctuate depending on the supply and demand of the stock.
A stock may plummet in value but still not be worthless. A security becomes totally worthless when it has no value or no potential value. Evidence of worthlessness must clearly indicate no probability of realizing anything of value for the security from a sale, liquidation or otherwise.
To summarize, yes, a stock can lose its entire value. However, depending on the investor's position, the drop to worthlessness can be either good (short positions) or bad (long positions).
Which is the best time to buy stocks?
With all these factors taken into consideration, the best time of day to trade is 9:30 to 10:30 am. The stock market opens for trading at 9:15 AM and in the first 15 minutes, the market is still responding to the previous day's news with experienced traders waiting to make their move.
The sales per share metric is calculated by dividing a company's 12-month sales by the number of outstanding shares. A low P/S ratio in comparison to peers could suggest some undervaluation. A high P/S ratio would suggest overvaluation.
Consider this example: Imagine you've purchased 100 shares of stock for $70 per share ($7,000 total). Then, the value of the stock falls to $35 per share, a 50% drop. To average down, you'd purchase 100 shares of the same stock at $35 per share ($3,500).
Biggest Share Price Gain in History - Key Takeaways
The biggest rise in the stock market happened on March 15, 1933, when the Dow Jones Industrial rose by 15.34 percent in a single day.
How to Stay Listed. Listing requirements vary from one exchange to the next. For example, on the New York Stock Exchange (NYSE), if a security's price closed below $1.00 for 30 consecutive trading days, that exchange would initiate the delisting process.
| Symbol Symbol | Company Name | Price |
|---|---|---|
| NVAX NVAX | Novavax Inc. | $8.11 |
| FOA FOA | Finance of America Cos. Inc. | $1.70 |
| SHFS SHFS | SHF Holdings Inc. | $0.53 |
| UPST UPST | Upstart Holdings Inc. | $15.29 |
MRF Ltd. quote is equal to 85453.90 INR at 2023-04-18. Based on our forecasts, a long-term increase is expected, the "MRF" stock price prognosis for 2028-04-07 is 118511 INR. With a 5-year investment, the revenue is expected to be around +38.68%.
| Date | Closing | Range |
|---|---|---|
| Wed 12 April 2023 | 85456.25 (0.99%) | 84750.00 - 85794.20 |
| Tue 11 April 2023 | 84617.00 (0.26%) | 84294.30 - 85298.30 |
| Mon 10 April 2023 | 84398.45 (0.47%) | 83750.00 - 84780.00 |
| Thu 06 April 2023 | 84005.55 (0.07%) | 83325.75 - 84500.00 |
MRF Share price target for 2030
In 2030, with our experience, research and forecast system, the minimum target price of MRF shares will be Rs 1,30,170.20 to Rs 1,32,140.10. And at the end of the year, the maximum target price will be Rs 1,34,540.70 to Rs 138,630.40.
| Instrument | Underlying | Low Price |
|---|---|---|
| Stock Futures | MRF | 82,735.05 |
| Stock Futures | MRF | 82,979.60 |
| Stock Futures | MRF | 84,500.00 |
