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MRF creates history, becomes first Indian share to surpass Rs. 100,000 mark

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June 13, 2023 will be forever remembered in the Indian stock market, as MRF (Madras Rubber Factory) achieved an extraordinary feat.
Creating history, the shares of this renowned Indian multinational soared to an unprecedented milestone, reaching an impressive intraday high of Rs 1,00,439 per share. MRF made an indelible mark as the first-ever company to surpass the six-figure mark.

Demonstrating remarkable growth, MRF’s shares have surged approximately 45 percent in the past year alone and have witnessed an overall gain of over 80 percent since 2020.

In India, MRF tops the list of stocks with the highest price tags. Honeywell Automation is the second on the list, followed by the likes of Page Industries, Shree Cement, 3M India, Abbott India, Nestle and Bosch.

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