MRF shares cross Rs 1.5 lakh mark again, hit 52-week high after 4% surge

MRF shares crossed the Rs 1.5 lakh mark once again on Tuesday, hitting a fresh 52-week high of Rs 1,50,981 after a sharp 4% intraday surge. Strong buying interest and positive momentum indicators helped fuel the rally in India’s most expensive stock by price. MRF has gained nearly 33% in the last three months and about 50% over the past two years.