MRF stands for Madras Rubber Factory. It is a term related to Business, Useful Terms and Definitions which we use in daily life but we do not know their full name, Here’s a list of important abbreviations that you should know.
|MRF||Madras Rubber Factory|
What is full form of MRF?
The full form of MRF is the Madras Rubber Factory. Madras Rubber Factory (MRF) is an Indian multinational tire manufacturing company and the largest tire manufacturer in India, and also the sixth largest manufacturer in the world. It is based in Chennai, Tamil Nadu, India.
The company manufactures rubber products, including tires, treads, tubes and conveyors, paints, and toys. MRF also runs MRF Pace Foundation, Chennai, and MRF Challenge in motorsports.
Here you learn the full name and complete information of Madras Rubber Factory, if you have questions and answers related to MRF, then tell us your thoughts in the comment, know the complete meaning of MRF in this article.
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MRF (Madras Rubber Factory) is India’s number one tire manufacturing company. It was started in the year 1946 by K M Mammen Mappillai as a small toy balloon unit. … In 1989, the company partnered with US-based Hasbro International, the world’s largest toy maker, and launched Funskool India.
K. M. Mammen Mappillai
batter A B de Villiers
South African hitter A B de Villiers has been named an ambassador for the MRF tire manufacturing brand.
MRF is the most expensive share on the Indian stock market, costing Rs 54,488 per share. This is because MRF has never divided its shares. The reason behind this may be that since the share price is high, a retail trader with a small investment will not be willing to buy MRF shares.
A few years ago, a video for ‘Zee Business’ went viral, where a small investor had 20,000 shares of MRF, which his grandfather had bought in 1990.
The current value of the shares would be ₹ 130,00,00,000, that is , 130 crore. The current price of each MRF share is Rs 65,000.