MRF stock touches fresh high of Rs 60,140 per share

Mumbai March 27 (IANS) The scrip of MRF the country s largest tyre manufacturer on Monday touched a fresh high of Rs 60 140 per share during the mid-afternoon trade session.

The company s stock which is the most expensive in terms of share price on the BSE surged past the mark of Rs 60 000 per share for the first time to touch a new 52-week high during the day s trade.

The scrip which opened at Rs 59 250 per share closed at Rs 59 904.90 -- up Rs 720.75 or 1.22 per cent from its previous close of Rs 59 184.15 per share.

Headquartered in Chennai MRF exports tyres to over 90 markets abroad. It manufactures rubber products including tyres treads tubes and conveyor belts paints and toys.

--IANS
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