Question
For the first time in India, the share price of a
company crossed the Rs 1 lakh mark on 13th June 2023. What is the name of the company?Solution
For the first time in India, the share price of a company crossed the Rs 1 lakh mark on Tuesday (June 13). Tyre company MRF became the first stock in India to cross the Rs 1 lakh mark per share after its share jumped 1.07 per cent in early trade today. MRF’s stock opened today at Rs 99,500 on BSE, against its previous close of Rs 98,939.70 on Monday. After that, MRF’s share price touched an all-time high of Rs 1,00,300 in morning trade.
RBI has suggested a relaxation of rules regarding dividend distribution:
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