We are going to understand MRF Share Price Target 2030 with the help of fundamental and technical analysis in this blog. You all from your childhood listening MRF but you don’t know what is full form of MRF which is Madras Rubber Factory which is parent company of MRF Group. This company is engaged in the manufacturing of Tyers for Passenger cars, Two Wheelers, Three Wheelers, OTR, Trucks, Farm Trucks, LCV’s. Tube & Flaps, Pickup Cars etc. You must be aware of that MRF is the biggest company in the Indian market with having 29% Market Share in tyre industry.
Table of Contents
MRF Share Fundamental Details:
| Narration | Remarks |
| MRF Market Cap | Rs.59,773 Crore |
| MRF Stock PE | 29 |
| MRF Industry PE | 30.4 |
| ROCE | 16.1% |
| ROE | 12.6% |
| Face Value | Rs.10 |
| EPS | Rs.4865/Share |
| Debt | Rs.2822 Crore |
| Interest Coverage | 8.82 |
| Return on Assets | 7.70% |
| High/Low | Rs.1,51,445/106,391 |
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MRF Share Technical Analysis:
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MRF Share Price Target 2030
| Year | Expected Share Price Target |
| 2024 | Rs.150961 |
| 2025 | Rs.178342 |
| 2026 | Rs.210043 |
| 2027 | Rs.245123 |
| 2028 | Rs.268750 |
| 2029 | Rs.299870 |
| 2030 | Rs.325320 |
Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.