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MRF
MRF Limited (Madras Rubber Factory) is India’s largest tyre manufacturer and one of the biggest in the world. Headquartered in Chennai, it started as a small toy balloon unit in 1946 before expanding into rubber and tyres.
Key Business Areas
Tyres: They make tyres for everything from bicycles and cars to heavy-duty trucks and fighter jets.
Sports: MRF is legendary for its association with cricket, sponsoring icons like Sachin Tendulkar and Virat Kohli, and running the MRF Pace Foundation for fast bowlers.
Other Ventures: They produce industrial conveyor belts, specialty paints, and own Funskool, one of India’s largest toy companies.
Financial Status
MRF is famous for having one of the most expensive share prices on the Indian stock market, often trading well above ₹1,00,000 per share. It is a debt-free company with a massive manufacturing presence across 10 plants in India.#Today’sTradingSetup#WatchOutFor#StockInNews#Miscellaneous#PsychologyofMoney
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