In a 1st for an Indian stock, MRF crosses Rs 1 lakh mark

Chennai-based tyre maker MRF on Tuesday passed a new Dalal Street milestone as it became the first stock to cross the Rs 1-lakh-price mark. Its shares hit a 52-week intraday high of Rs 1,00,300 on Tuesday as the stock rose nearly 2%, ending the day at Rs 99,988 on the BSE.