MRF Becomes 1st Indian Stock To Cross Rs1 Lakh Mark

MRF shares have rallied more than 46 percent in the past year to hit their lifetime high levels on Tuesday.

Shares of leading tyremaker MRF Ltd grew over 1 percent to hit its all-time high and became the first Indian stock to cross Rs 1 lakh per share mark on Tuesday.

The stock opened higher and rose further by 1.48 percent to hit its 52-week high of Rs 1,00,439.95 apiece on National Stock Exchange. The stock hit a record high of Rs 1,00,300 per share on BSE.

MRF shares have rallied more than 46 percent in the past year to hit their lifetime high levels on Tuesday.

Previously the stock had hit its all-time high of Rs 99,933 per share on May 8 following its quarterly and annual financial results.