India's Priciest Stock at ₹1.5L/Share – Not Reliance, TCS or Adani
By : Krishna Mishra
MRF Share Price:
Earlier this year, on March 4, MRF's share had fallen close to Rs 1 lakh. After which, the stock has witnessed an upward rally in the past three months and delivered around 50% returns in that short span.
With a single share priced at over Rs 1.5 lakh, MRF is not a stock that fits into every investor's portfolio. Today, MRF Limited became the most expensive stock in the country as its share price crossed Rs 1.5 lakh. Over the past three months alone, the stock has delivered strong returns.
MRF Share Price
On Wednesday, the MRF stock opened at Rs 1,44,945 and climbed to Rs 1,50,995 during trading hours and reached its all-time high of Rs 1,51,283.40, which it had reached in February 2024. After this surge, MRF once again surpassed Elcid Investments to become India's costliest stock.
The stock had dropped to around Rs 1 lakh on March 4 this year but again revived and gained nearly 50% in just three months. Over the last one year, MRF has delivered a return of around 14%, while its five-year returns are 132%.
MRF Share Price Performance
The Rs 1.5 lakh mark had been a psychological barrier for the stock and it has now breached it. The company manufactures tyres for passenger cars, two-wheelers, trucks, and even Indian Air Force's Sukhoi-30 MKI fighter jets. It also produces toys under the "Funskool" brand and has a presence in the paints segment as well.
In FY 2025, the company reported revenue of Rs 28,153 crore and a net profit of Rs 1,869 crore shows its strong financial performance.