MRF Share Price Target, BSE: (BOM: 500290), NSE: MRF Targets, Future Prediction, Prognosis, Forecast 2024, 2025, 2026,2027, 2028, 2029, 2030, 2031, 2035
MRF is the largest tire manufacturing company in the country with a market share of 29% and manufactures tires for Passenger cars, Two-wheelers, Three-wheelers, Farm tractors, Trucks, Light commercial vehicles, MCVs, and ICVs. Apart from this, the company also manufactures sports goods, paints, and coats. It also produces toys, puzzles, and games for children under the name of the Funskool brand.
The company has 9 manufacturing facilities across the country and sells most of its products in the country. The company earns 91% of its revenue from the domestic market and 9% from exports. If we look at the company’s revenue product-wise, 90% comes from Automobile Tyres, 6% from Automobile Tubes, and 4% from others.
NSE: MRF was listed on the stock market in 1999 and has shown good growth since its listing. At present it is the highest-priced stock in the country. Below, in this post, you can check the stock prediction of MRF from the present time to the coming 10 to 15 years, which will give you some idea of what level the share price of MRF has the potential to reach in the coming years. A custom algorithm has been used for these price targets or predictions, which is based on deep learning and keeps changing based on price fluctuations, volume shifts, and market cycles.
Share Price Targets Last Updated on Jun 16, 2024 at 9:06:33 AM
MRF Share Price Target in the Next 1, 3, 5, 7, and 10 Years
| Period | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 1 Year | ₹157,114.00 | ₹166,527.00 |
| 2 Years | ₹171,827.00 | ₹184,096.00 |
| 3 Years | ₹186,513.00 | ₹203,000.00 |
| 4 Years | ₹201,316.00 | ₹225,445.00 |
| 5 Years | ₹215,245.18 | ₹242,098.41 |
| 6 Years | ₹230,881.70 | ₹262,841.44 |
| 7 Years | ₹245,629.33 | ₹282,405.28 |
| 8 Years | ₹260,417.36 | ₹302,022.71 |
| 9 Years | ₹275,164.99 | ₹321,586.55 |
| 10 Years | ₹289,912.62 | ₹341,150.39 |
If we talk about the future stock price target for MRF, then it can increase to ₹166,527.00 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹242,098.41, and in the next 10 years, it can increase to ₹341,150.39.
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MRF Share Price Target 2024, 2026, 2028, 2031, 2035
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2024 | ₹155,334.00 | ₹164,933.00 |
| 2025 | ₹170,073.00 | ₹181,567.00 |
| 2026 | ₹184,738.00 | ₹198,042.00 |
| 2027 | ₹199,373.00 | ₹221,306.00 |
| 2028 | ₹213,934.00 | ₹241,599.00 |
| 2029 | ₹227,245.30 | ₹258,017.48 |
| 2030 | ₹241,992.93 | ₹277,581.32 |
| 2031 | ₹256,740.56 | ₹297,145.15 |
| 2032 | ₹271,528.59 | ₹316,762.59 |
| 2035 | ₹315,771.47 | ₹375,454.10 |
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MRF Share Price Target 2024
| 2024 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| January | x | x |
| February | x | x |
| March | x | x |
| April | x | x |
| May | x | x |
| June | x | x |
| July | ₹147,389.00 | ₹156,827.00 |
| August | ₹147,734.00 | ₹156,994.00 |
| September | ₹149,028.00 | ₹158,053.00 |
| October | ₹151,268.00 | ₹160,599.00 |
| November | ₹153,292.00 | ₹162,698.00 |
| December | ₹155,334.00 | ₹164,933.00 |
The current trend of the share market is likely to remain the same in the future. Although some volatility may be seen, the company’s stock price may reach ₹164,933.00 per share by the end of 2024.
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MRF Share Price Target 2025
| 2025 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| January | ₹157,402.00 | ₹167,450.00 |
| February | ₹157,391.00 | ₹167,385.00 |
| March | ₹154,802.00 | ₹165,009.00 |
| April | ₹157,114.00 | ₹166,527.00 |
| May | ₹158,780.00 | ₹169,155.00 |
| June | ₹159,287.00 | ₹168,882.00 |
| July | ₹162,072.00 | ₹172,338.00 |
| August | ₹162,417.00 | ₹172,833.00 |
| September | ₹163,866.00 | ₹174,224.00 |
| October | ₹165,926.00 | ₹176,530.00 |
| November | ₹167,923.00 | ₹178,574.00 |
| December | ₹170,073.00 | ₹181,567.00 |
According to current market analysis, the company’s stock price can reach ₹181,567.00 per share by the end of 2025.
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MRF Share Price Target 2026
| 2026 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| January | ₹172,173.00 | ₹183,178.00 |
| February | ₹172,205.00 | ₹184,071.00 |
| March | ₹169,615.00 | ₹181,680.00 |
| April | ₹171,827.00 | ₹184,096.00 |
| May | ₹173,419.00 | ₹186,478.00 |
| June | ₹174,115.00 | ₹186,616.00 |
| July | ₹176,723.00 | ₹190,381.00 |
| August | ₹177,179.00 | ₹190,678.00 |
| September | ₹178,638.00 | ₹192,545.00 |
| October | ₹180,597.00 | ₹194,079.00 |
| November | ₹182,752.00 | ₹197,429.00 |
| December | ₹184,738.00 | ₹198,042.00 |
If we estimate the share price target of MRF by 2026, then it can reach the price of ₹198,042.00.
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MRF Share Price Target 2027
| 2027 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| January | ₹186,943.00 | ₹202,149.00 |
| February | ₹187,000.00 | ₹202,586.00 |
| March | ₹184,362.00 | ₹201,226.00 |
| April | ₹186,513.00 | ₹203,000.00 |
| May | ₹188,234.00 | ₹205,599.00 |
| June | ₹188,873.00 | ₹206,374.00 |
| July | ₹191,364.00 | ₹209,182.00 |
| August | ₹192,010.00 | ₹210,082.00 |
| September | ₹193,334.00 | ₹212,507.00 |
| October | ₹195,262.00 | ₹214,656.00 |
| November | ₹197,575.00 | ₹217,590.00 |
| December | ₹199,373.00 | ₹221,306.00 |
By 2027, the price of MRF shares may increase up to ₹221,306.00.
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MRF Share Price Target 2028
| 2028 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| January | ₹201,578.00 | ₹224,017.00 |
| February | ₹201,635.00 | ₹223,836.00 |
| March | ₹199,086.00 | ₹221,585.00 |
| April | ₹201,316.00 | ₹225,445.00 |
| May | ₹203,163.00 | ₹226,364.00 |
| June | ₹203,558.00 | ₹227,838.00 |
| July | ₹206,180.00 | ₹230,106.00 |
| August | ₹206,788.00 | ₹232,867.00 |
| September | ₹208,001.00 | ₹236,033.00 |
| October | ₹210,203.00 | ₹237,289.00 |
| November | ₹212,373.00 | ₹238,592.00 |
| December | ₹213,934.00 | ₹241,599.00 |
MRF share price may rise to ₹241,599.00 by the end of 2028.
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MRF Share Price Target 2031
| 2031 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| March | ₹245,629.33 | ₹282,405.28 |
| June | ₹249,306.14 | ₹287,282.84 |
| September | ₹253,023.35 | ₹292,214.00 |
| December | ₹256,740.56 | ₹297,145.15 |
By 2031, the price of MRF shares may increase up to ₹297,145.15.
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MRF Share Price Target 2035
| 2035 | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| March | ₹304,660.25 | ₹360,714.22 |
| June | ₹308,337.05 | ₹365,591.78 |
| September | ₹312,054.26 | ₹370,522.94 |
| December | ₹315,771.47 | ₹375,454.10 |
If we look at the possibility of an increase in the price of MRF shares by 2035, then it can increase up to ₹375,454.10.
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FAQ: MRF Share Price Target
What is MRF’s Share Price Target after 5 Years?
MRF stock price may rise to ₹242,098.41 in the next five years.
What is MRF’s Share Price Target after 10 Years?
MRF stock price may rise to ₹341,150.39 in the next ten years.
What is MRF Share Price Target in 2024?
MRF share price is expected to touch ₹164,933.00 by the end of 2024.
What is MRF Share Price Target in 2025?
MRF share price is expected to touch ₹181,567.00 by the end of 2025.
What is MRF Share Price Target in 2026?
MRF share price is expected to touch ₹198,042.00 by the end of 2026.
What is MRF Share Price Target in 2027?
MRF share price is expected to touch ₹221,306.00 by the end of 2027.
What is MRF Share Price Target in 2028?
MRF share price is expected to touch ₹241,599.00 by the end of 2028.
What is MRF Share Price Target in 2029?
MRF share price is expected to touch ₹258,017.48 by the end of 2029.
What is MRF Share Price Target in 2030?
MRF share price is expected to touch ₹277,581.32 by the end of 2030.
What is MRF Share Price Target in 2031?
MRF share price is expected to touch ₹297,145.15 by the end of 2031.
What is MRF Share Price Target in 2035?
MRF share price is expected to touch ₹375,454.10 by the end of 2035.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. The price targets or predictions provided are generated by a custom algorithm using deep learning, which may change due to market fluctuations, volume shifts, and market cycles. It is strongly recommended not to base investments solely on the target price mentioned.