The MRF stock skyrocketed from INR11 in 1993 to INR1 lakh recently – a first for any Indian company. However, there are several concerns including the lack of trading volumes in the stock, a significant decline in free cash flow, a declining trend in return on equity, low MF holding, and a negative PAT growth rate among others.
“Grrrr… how could I miss that stock?”Stories of missed opportunities and regret often swirl around in the complex world of stock market investing. MRF (Madras Rubber Factory) Ltd, a prominent name in the tyre-manufacturing industry, is one such tale.We met two such investors who now rue their decisions to sell off their MRF stocks prematurely.Vishnu Jain, a homeopathic clinic owner, had the foresight to invest in MRF when the stock was trading
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Comment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-