MRF Ltd. Achieves 52-Week High Amidst Broader Market Fluctuations

Jul 09 2025 12:05 PM IST
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MRF Ltd. has reached a new 52-week high of Rs. 149,444, reflecting strong performance in the Tyres & Rubber Products sector. The stock has outperformed its sector and recorded consecutive gains, while also trading above key moving averages, indicating a robust upward trend amidst a flat broader market.
MRF Ltd., a prominent player in the Tyres & Rubber Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 149,444. This milestone was achieved on July 9, 2025, marking a significant moment for the large-cap company. The stock has shown strong performance, outperforming its sector by 2.21% and recording a consecutive gain over the last two days, with a total return of 4.32% during this period.

Intraday trading saw MRF touch a high of Rs. 149,444, reflecting a 3.1% increase for the day. Notably, MRF is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its price performance.

In the broader market context, the Sensex opened flat with a slight decline of 86.62 points, currently standing at 83,691.17, which is 2.73% away from its own 52-week high. Despite the overall market sentiment, MRF's strong performance over the past year, with a return of 13.84%, significantly outpaces the Sensex's 4.15% gain, highlighting its solid position in the market.
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