Synopsis
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
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