Quick Answer: Why MRF Share Price Is So High?

MRF is the most expensive stock in the Indian equity market, which costs Rs 54,488 for one share.

This is because MRF has never split its stock.

The reason behind this can be that as the price of the share is high, a retail trader with small investment won’t be willing to buy MRF shares.

Why are some share prices so high?

Stock prices change everyday by market forces. By this we mean that share prices change because of supply and demand. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

Is it good to invest in MRF?

Based on these three factors, MRF makes for a strong long-term investment in the face of a fickle stock market. If you’re a risk averse investor, lining your portfolio with proven companies you’re willing to buy more and more of as the price falls, is a good strategy to build your wealth over the long run.

What does a high stock price indicate?

This factors in the earnings per share of a company, which generally refers to the amount of profit a company made divided by the number of outstanding shares of its common stock, and the stock’s actual price. Generally, a higher P/E ratio means that investors expect a stock’s price will continue to grow.

How many shares should a beginner buy?

If you can keep your costs down, some experts recommend buying a portfolio of 12 to 18 stocks to properly diversify out the risk of owning individual stocks. Your diversification should be based on total share value, not share count.

What is a good PE ratio?

A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings.

What are the best shares to buy?

Recommended shares to buy

EPICInvestmentPrice (p)
AV.Aviva410.90
AZNAstrazeneca7,300.00
BA.BAE Systems643.20
BHPBHP Group1,675.20

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How many shares does MRF?

MRF has issued 42,41,143 shares.

Which share has highest price in India?

Market Capitalisation = Rs 26,628 Cr

MRF has the highest share price in India among all the listed companies on BSE/NSE. The all-time high share price of MRF is Rs 81,426. The stock is currently trading at a standalone PE of 24.14.

Which share will grow in future?

List of best stocks

SLCompanyPAT
1TCS32,506.00
2Infosys16,383.00
3Coal India18,102.46
4Nestle India1,969.55

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What happens if stock price goes to zero?

Stock price going to zero means equity value is zero. Doesn’t mean the company’s operations stop. Zero equity means the debt holders claim the assets completely leaving nothing for equity holders. From a stock exchange perspective the shares will likely get delisted well before shares actually get to zero.

Is Microsoft stock a good buy?

So, is Microsoft stock a buy? So no, the stock is not a buy. In addition, shares are now more than 20% above the 142.47 buy point following the October breakout.