By Admin 
The MRF has once again won the history of the stock market in India. The price of a share of the company has reached Rs 1,37,834, due to which it has re -acquired the crown of India’s most expensive share, leaving behind Elcid Investment.
Elcid’s shocking history
The ELCID Investment made a sudden headlines on 29 October 2024, when its share reached Rs 2.36 lakh from Rs 3.53, ie 66.95 lakh percent jump on the same day, ELCID had achieved the distinction of becoming India’s most expensive stock by beating MRF that day. But now he has slipped to Rs 1.29 lakh and has slipped to another place.
MRF’s recent performance
Even though the MRF shares have declined by 1.9 per cent on Tuesday (June 3), and a decline of 3.34 per cent has been seen in the whole week, but in May, the stock has made a profit of 3.24 per cent. In the last two months, the company’s stock has shown a tremendous jump of 22.54 percent. Since the beginning of 2025, (YTD) so far, the stock has gained 5.7 percent. The MRF has a 52 -week high of Rs 1.47 lakh (26 May, 2025) and low Rs 1.02 lakh (March 5, 2025).
Strong performance in March quarter
MRF has given excellent results in the March quarter of FY 2024-25. The company’s consolidated net profit has increased by 33 per cent to Rs 492.74 crore, which was Rs 370.52 crore in the same period last year. The company’s operational income was Rs 7,074.82 crore, which is a growth of 11.4 percent year-on-year.
Ebitda (operating profit) has also increased by 17.8 per cent to Rs 1,043 crore, while it was Rs 885 crore in the same quarter of the last year. The company’s operating margin was 15 per cent, which was 14.3 per cent last time.
MRF vs Elcid
Although the growth of Elcid Investment was a kind of ‘flash spike’, the stability and performance of the MRF make it a reliable leader. The MRF has a strong business model, brand value and market cap, which makes it different from low-volume small-cap stocks such as Elcid.
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