MRF stands for Madras Rubber Factory Limited, a leading tire manufacturing company in India. MRF produces a wide range of tires for various vehicles including cars, bikes, trucks, buses and other industrial vehicles. And, if you're considering investing in MRF shares but aren't quite sure yet, we have MRF share price target for the next few years (2023, 2024, 2025, 2026 and 2030). Is going to give you information which can take you in the right direction.
MRF Share Price Target 2023?
If we look at the business model of the company, the business of the company is related to tires and rubber. This company produces tires and rubber and sells it in the market. The company has a very important role in the market. This company works worldwide. The product is used in India and abroad and the company seems to be growing its business a lot.
MRF Share Price Target 2023 is expected to show you the first target of Rs 1,02,450.90, and after that the second target of Rs 1,02,950.90 can be seen.
MRF Share Price Target 2024?
If we look at the past book value of the company, the company has continuously increased its revenue, and can also give good returns in the coming time, and the company is also improving its shareholders a lot. It has improved by 13.48%, it is the first company in the history of India to have a turnover of Rs 5000 crore.
MRF Share Price Target 2024 is expected to show you the first target of Rs 1,06,400.90, and its second target of Rs 1,07,950.90.
Read: - Adani Enterprises Share Price Target 2030 to 2040
MRF Share Price Target 2025?
The company is continuously working to expand its business and the company's network is spread across the country and abroad and the company's customers have full confidence, due to which the distribution network is very good and the sales of the product are also good and their product is very popular. Is good. It is liked and their products are sold well in the market, they provide very good quality in their products, due to which customers remain very attached to them and their products are very much liked.
MRF Share Price Target 2025 is expected to show you the first target of Rs 1,08,500.90, and its second target of Rs 1,09,950.90.
MRF Share Price Target 2026?
If we look into the long-term future the company manufactures tires and the company's tires are used in all vehicles, cars and motorcycles, its tires are most used in the automobile industry and the way the automobile industry will grow. In this way, there will be an increase in the tires of MRF company because this company is very strong in terms of its products, hence their products are sold well in the market and people also like them a lot.
MRF Share Price Target 2026 is expected to show you the first target of Rs 1,10,300.90, and its second target of Rs 1,11,450.90.
Read: - Union Bank Share Price Target 2023 to 2040
MRF Share Price Target 2030?
Looking at the way the company is working keeping the future in mind and the company is working to expand its business in the coming time, we can say that the business model of the company will be very strong in the coming time. There will be a lot of improvement in their tyres, as the automobile sector develops, this company will also be seen growing. Along with this, MRF share price target can see very good returns till 2030, and this stock will remain profitable in the long run.
MRF Share Price Target 2030 is expected to show you the first target of Rs 1,18,000.00, and second target of Rs 1,18,900.00.
Conclusion?
There is no doubt that MRF share has little chance of great growth in the long run. If you are a long-term investor, then instead of investing in the shares of these companies, investing in the shares of the company working in the future would be correct in my view.
But keep in mind that before taking any investment decision, do not forget to do your own research or take the help of your financial advisor.
Disclaimer?
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FAQ
Ans. MRF produces a wide range of tires for various vehicles including cars, bikes, trucks, buses and other industrial vehicles.
(Q) MRF where is located?
Ans. Chennai, Tamil Nadu · India
(Q)When was the company established?
Ans. 1946
