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PDF Editor FAQ

Which stock is the next MRF stock in India? Which stock at present is looking to give the same returns as MRF did?

In 1948, under Mr. K. M. Mammen Mappillai, MRF begin its operations as ballon manufacturing company with its first office ,in Chennai . The company runs on principle of providing quality into products it manufactures and this led to withholding around 50% of market share just after 8 years of its incorporation.In 1984 , MRF sold rubber worth of 2 billion as sales receipts. On 1st July 2002 ,it closed 820.61 at the end of the trading day.Today, the same shares value would have valued at Rs 1651.22/- adjusted for inflation, so the question arises here. Will you invest in a stock of a company valued at 1600 today ??, probably , you will but it may not share the same business sense which helped MRF post one of the highest returns on shareholders equity .Then what to do ?Figure out yourself that if the current valuation are highly priced or they are just operationally priced and open long positions for new highs of MRF horizon shouldn't be less than 10 years.MRF share run up is not over and the company is just evolving globally . In my post ,i have highlighted and summed out the price expectation which i have with MRF .Happy Investing

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