Best answer: Why share price of MRF is 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.

What does a high share price indicate?

The high price might show a business has been successful in the past, but its shares may now be very expensive based on classic equity valuation metrics. Buying now would ultimately mean you could be overpaying for something, even if the business is very good.

Is MRF share good to buy?

The shares are prices at Rs 25,000 and are no where near MRF, which is near Rs 60,000. … This makes MRF more attractive as compared to Eicher Motors. This is a stock that you should be buying only when prices dip.

Which share price is highest in India?

Currently, the stock price for MRF is ₹59,434.95. This share price has made MRF the most expensive stock in India.

  • MRF Limited. ₹59,434.95.
  • Honeywell Automation India Limited. …
  • Shree Cement Limited. …
  • 3M India Limited. …
  • Page Industries Limited. …
  • Abbott India. …
  • Nestle India. …
  • Bosch Limited.
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Is it worth buying 10 shares of a stock?

To answer your question in short, NO! it does not matter whether you buy 10 shares for $100 or 40 shares for $25. … You should not evaluate an investment decision on price of a share. Look at the books decide if the company is worth owning, then decide if it’s worth owning at it’s current price.

Is a high share price good or bad?

In general, a high stock price indicates good financial health and a low stock price indicates poor overall financial health. As a business grows and goes through hard times, its stock price usually rises and falls, respectively.

Is MRF debt free?

MRF has shrunken its total debt levels in the last twelve months, from ₹23.33b to ₹21.64b , which is made up of current and long term debt. With this debt repayment, MRF’s cash and short-term investments stands at ₹33.07b , ready to deploy into the business.

Which share is best to buy?

  • Buy Jindal Steel & Power, target price Rs 375: Motilal Oswal. …
  • Buy State Bank of India, target price Rs 340: Emkay Global. …
  • Buy ITC, target price Rs 219.8: ICICI Direct. …
  • Buy Tata Consumer Products, target price Rs 630: Motilal Oswal. …
  • Buy Avenue Supermarts, target price Rs 2925: Motilal Oswal.

What dividend does MRF pay?

PREMARKETDividends Declared08/11/201921/11/2019Rs.3.0000 per share(30%)Interim Dividend02/05/201901/08/2019Rs.54.0000 per share(540%)Final Dividend07/02/201915/02/2019Rs.3.0000 per share(30%)Second Interim Dividend09/11/201819/11/2018Rs.3.0000 per share(30%)Interim DividendЕщё 68 строк

Which share is most profitable?

List of Highly Profitable Shares (Business)SLNamePrice (Rs.)1Bajaj Consumer Care212.92Computer Age Manageme1,695.103HEG885.34Avanti Feeds514.95Ещё 4 строки

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Which bank share is best?

Summary of Best Banks to Buy now in IndiaSr. No.Company NameBSE Scrip Code1HDFC Bank Ltd.5001802Kotak Mahindra Bank Ltd.5002473ICICI Bank Ltd.5321744Axis Bank Ltd.532215Ещё 13 строк

Which share is lowest price in India?

BEST Low Price Shares to Buy in 2019Name of the stockLast Traded PriceDiv Yld %Kinetic Engg.72.40Scooters India59.250RACL Geartech61.80Hind.Hardy Spice91.20Ещё 63 строки9 мая 2018 г.

Can I buy stock today and sell tomorrow?

Trade Today for Tomorrow

Retail investors cannot buy and sell a stock on the same day any more than four times in a five business day period. This is known as the pattern day trader rule. Investors can avoid this rule by buying at the end of the day and selling the next day.

Is it worth buying 100 shares of a stock?

That means for smaller transactions, those fees represent a higher percentage of what you’re paying for the stock itself. Buying under 100 shares can still be worthwhile, especially with today’s low fees, if you think you’re going to make enough money on the investment to cover the fees at buy-and-sell time.

Can I buy 10 shares of stock?

There is no minimum order limit on the purchase of a publicly-traded company’s stock. Because there are fees and commissions added to the price of the stock, investors should consider buying blocks with a minimum value of $500 to $1,000. Opening a trading account with an online broker is a great idea.15 мая 2019 г.