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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