MRF (Madras Rubber Factory) is India’s leading tire manufacturer, established in 1946. Known for innovation and quality, it produces tires for various vehicles and exports to over 65 countries.
MRF Share Price Today
About MRF
MRF (Madras Rubber Factory) is one of India’s largest and most well-known tire manufacturing companies. The company produces a wide range of tires for various vehicles, including motorcycles, cars, trucks, and even airplanes. Founded in 1946, MRF has grown significantly and is recognized globally for its innovation, quality, and commitment to sustainability. Besides tires, MRF has expanded into sports goods, conveyor belts, and paints.
Company Details
- Founded: 1946
- Headquarters: Chennai, Tamil Nadu, India
- Industry: Tyres, Sports Goods, Conveyor Belts, Paints
- CEO: Rahul Mammen Mappillai
- Products: Vehicle Tires, Conveyor Belts, Sports Goods, Paints
Promoter
| Promoter Name | Stake (%) | Relationship to MRF |
|---|---|---|
| K. M. Mammen Mappillai | [Insert %] | Founder |
MRF Balance Sheet
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MRF Share Price Target 2024
In 2024, MRF is expected to witness steady growth due to the increasing demand for vehicles and replacement tires. The company’s continued focus on expanding its product range and market presence will positively impact its stock price.
Maximum Target: ₹105,000
Minimum Target: ₹95,000
MRF Share Price Target 2025
By 2025, MRF’s performance could improve as the company invests in research and development to enhance tire technology. The growing automotive sector will support the demand for MRF products, driving up the share price.
Maximum Target: ₹115,000
Minimum Target: ₹100,000
MRF Share Price Target 2026
In 2026, MRF is expected to further strengthen its position in both domestic and international markets. Its focus on innovation and expansion into electric vehicle tires could contribute to higher stock valuations.
Maximum Target: ₹130,000
Minimum Target: ₹110,000
MRF Share Price Target 2027
By 2027, MRF may see consistent growth as the demand for eco-friendly and fuel-efficient tires increases. The company’s commitment to sustainability and technological advancements will attract more investors.
Maximum Target: ₹140,000
Minimum Target: ₹120,000
MRF Share Price Target 2028
In 2028, MRF is expected to benefit from its strong brand presence and continued expansion into new markets. The company’s diversified portfolio across multiple sectors, including paints and sports goods, will further support its stock performance.
Maximum Target: ₹155,000
Minimum Target: ₹130,000
MRF Share Price Target 2029
By 2029, the company could solidify its global presence through new manufacturing facilities and strategic partnerships. MRF’s consistent revenue growth will likely keep its stock price on an upward trajectory.
Maximum Target: ₹165,000
Minimum Target: ₹140,000
MRF Share Price Target 2030
In 2030, MRF is predicted to achieve significant market milestones. The company’s ability to innovate and adapt to the changing automotive landscape, including the rise of electric vehicles, will boost its stock value.
Maximum Target: ₹180,000
Minimum Target: ₹150,000
MRF Share Price Target 2035
Looking ahead to 2035, MRF is expected to maintain its leadership position in the tire industry. Its focus on sustainability, innovation, and expansion into emerging markets will ensure steady growth over the long term.
Maximum Target: ₹220,000
Minimum Target: ₹180,000
MRF’s strong market position and commitment to innovation make it a reliable stock for long-term investment. With a diversified product range and a focus on sustainability, the company is well-positioned for future growth.
MRF Share Price Targets from 2024 to 2035:
| Year | Maximum Target (₹) | Minimum Target (₹) |
|---|---|---|
| 2024 | 105,000 | 95,000 |
| 2025 | 115,000 | 100,000 |
| 2026 | 130,000 | 110,000 |
| 2027 | 140,000 | 120,000 |
| 2028 | 155,000 | 130,000 |
| 2029 | 165,000 | 140,000 |
| 2030 | 180,000 | 150,000 |
| 2035 | 220,000 | 180,000 |
