Auto stocks in focus, May 21 -- Shares of Maruti Suzuki, MRF, Ashok Leyland, TVS Motor Company, Mahindra & Mahindra, and Eicher Motors are currently trading close to their record highs after maintaining a sustained upward trend in recent months.
Among these, MRF - the most expensive stock in the Indian stock market - is just 1.02% away from its record high of Rs.143,849, which it reached in August 2024. From its March low of Rs.102,659 per share, the tyre major has rebounded 39% to trade at around Rs.142,400.
The next closest to its all-time high is Mahindra & Mahindra, which is just 5.98% below its February 2025 peak of Rs.3,270 per share. Likewise, TVS Motor Company, currently trading at Rs.2,766 per share, is only 6.94% away from its...
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