Fan Site: Inspired, Not Endorsed, By Porinju Veliyath

Patience is a key to success - MRF

'Patience is a key to success', the statement comes true for those equity investors who invested in MRF shares in August 2001 and held on. Shares of the tyre manufacturer soared 9,900 per cent, or 100 times, to record high of Rs 50,000 on September 28, 2016, from Rs 500 in August 2001, thus becoming the most expensive stock in India in terms of share price followed by Eicher Motors (Rs 25,741.80), Bosch (Rs 23,209.60), Shree Cement (Rs 16,840), Page Industries (Rs 15,333) and 3M India (13, 177.75). 

Monthy Chart of MRF : -