MRF Shares: This Costliest Stock At Rs 1,11,500 A Piece Will Announce Its Q2 Results Today, Details Inside

The share price of MRF Ltd was spotted trading 0.89% higher at Rs 111500.00 per share at 11:38 am IST on Friday. MRF is the most expensive stock as one share of the company is worth Rs 111500 as of today. The share price of MRF Ltd is in focus today as the company is all set to declare its financial results for the quarter and half year ended September 30, 2023 today i..e Friday. Along with the results today, the company will also consider the declaration of Interim Dividend.

Meanwhile, the positive movement in the stock's share price was also due to positive trading on Dalal Street. The Indian equities traded higher on Friday due to a positive handover from global indices. At the time of writing this copy, Sensex was up 0.51% at 64,409.67, while Nifty was up 0.61% at 19,249.25 points.

The MRF stock has a 52 Wk High and 52 Wk low of 113,379.10, and 81,390.95 respectively.

In the last one year, the returns from the stock have gained almost 22%, while the stock's year-to-date (YTD) performance is up 26%.

In an exchange filing on October 20, 2023, the company said, "We further inform that in terms of the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their immediate relatives, the Trading Window has been closed from 1st October,2023 to 5th November,2023 (both days inclusive)."

MRF Dividend:

Today, the tyre manufacturer will consider a declaration of Interim Dividend for its shareholders. In FY23, MRF paid a total dividend of 1750% amounting to Rs 175 per share. In May this year, MRF declared a dividend payout of 1,690% final dividend to its shareholders i.e., a final dividend of Rs 169 per equity share with a face value of Rs 10.