MRF Share Price Target: 2024, 2025, 2026 & 2030

Madras Rubber Factory Limited, or MRF for short, is one of India’s top tire manufacturers. For a variety of vehicles, including cars, bikes, trucks, buses, and other industrial vehicles, MRF manufactures a large selection of tires. Additionally, we have MRF share price targets for the upcoming few years (2024, 2025, 2026, and 2030) in case you’re considering buying MRF shares but aren’t quite sure yet. We will provide you with information that can appropriately guide you.

Company Name	Madras Rubber Factory Limited
Share Price	Rs 1,17,000.00 (by 21-Dec-2023)
Founded	1946 Madras, Chennai
official website	https://www.mrftyres.com/
Revenue	23,261.17 Crore (FY 23)
Head Quarter	Chennai
Total Assets	23,059.74 Crore (FY 22)
Market Cap	42,459 Crore (FY 22)
52 Week High/Low	65,878.35 Low/1,00,849.60 High

What Percentage of Returns Has MRF Given?

Looking at CDSL shares’ returns since the share’s listing date, we can see that it has returned up to 5,151.30%. Furthermore, this stock has returned 46.47% when it comes to 2022. When it comes to the company’s all-time high and all-time low prices since the listing date, the former has reached Rs 401 and the latter has reached Rs 100850.

According to the company’s financial records, total revenue for the most recent fiscal year (2022) was approximately Rs 19,633.71 crore, and for the most recent fiscal year (2023), it was approximately Rs 23,261.17 crore.
In terms of the company’s net income, it was approximately Rs 669.23 crore in the fiscal year 2022 and approximately Rs 768.95 crore in the fiscal year 2023.
When it comes to this company’s earnings per share (EPS), it was Rs 1,577.95 during the fiscal year 2022. which, in the fiscal year 2023, rose to about Rs 1,813.10.
Regarding the Dividends per Share (DPS) of this business, during the 2022 fiscal year, the DPS was Rs 150.00. which, in the fiscal year 2023, increased to about Rs 175.00.

Looking at the company’s historical book value, we can see that it has consistently raised revenue, has the potential to provide strong returns in the future, and is also significantly increasing shareholder value. It is the first company in Indian history to reach a Rs 5000 crore turnover, and it has improved by 13.48%. The first target of Rs 1,20,400.90 and the second target of Rs 1,19,950.90 for MRF Share Price Target 2024 are anticipated to be displayed to you.

Target Year	1st Target	2nd Target
2024	₹1,20,400.90	₹1,19,950.90

Because of the company’s unwavering commitment to growing its clientele and extensive nationwide and international network, which includes a delighted customer base, the company’s distribution network is excellent and its product sales are strong. Is excellent. They offer very good quality in their products, which makes customers stay very attached to them and their products are highly liked. It is well-liked and their products sell well in the market. The MRF Share Price Target 2025 is anticipated to display two targets: Rs. 1,23,500.90 for the first target and Rs. 1,24,000.90 for the second.

Target Year	1st Target	2nd Target
2025	₹1,23,500.90	₹1,24,000.90

In the long run, the company that makes tires will still be in business because its tires are the most widely used in the automotive industry, which will continue to expand. The company’s tires are utilized in all types of vehicles, including cars and motorcycles. There will be a rise in the MRF company’s tires in this way because the company has strong product lines that sell well and are well-liked by consumers. The first target of Rs 1,28,250.90 and the second target of Rs 1,30,200.90 are anticipated to be displayed to you by MRF Share Price Target 2026.

Target Year	1st Target	2nd Target
2026	₹1,28,250.90	₹1,30,200.90

Considering how the company is planning for the future and attempting to grow its operations, we can predict that its business model will be extremely robust shortly. Their tires will be much improved, and this business will continue to expand as the auto industry grows. Furthermore, MRF’s share price target can expect very strong returns through 2030, and the stock will continue to be profitable over the long term. The MRF Share Price Target 2030 is anticipated to display two targets: Rs. 1,40,900.00 and Rs. 1,35,000.00.

Target Year	1st Target	2nd Target
2030	₹1,35,000.00	₹1,40,900.00

How to Buy MRF Stocks?

Submit KYC: Go to any broker’s website that stocks stockbrokers and fill in your address, name, and date of birth. Next, give in.
Add funds: To trade, you must deposit money into your Demat account after opening one.
Find MRF: To purchase MRF shares, type the company name into the search bar. MRF Ltd.’s ticker symbol will appear; add it.
Confirm order: After deciding on the share count, move forward. Pay and confirm your order at the end.