MRF Share Price Target 2024, 2025, upto 2030
MRF Ltd, listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), will be the focus of this detailed analysis. We will delve into the MRF share price targets for the years 2024, 2025, 2026, and up to 2030. For long-term projections, we will employ various technical analysis techniques to estimate these targets through 2030.
To project MRF’s price through 2030, we will leverage a machine learning approach that uses historical data for training the forecast model. MRF Ltd, renowned for its prominent role in the Indian stock market, has exhibited diverse trends over the years. In this section, we will examine MRF’s current market stance, its growth path, and the potential impact of external market factors on its price performance leading up to 2030.
MRF Share Price Target 2024
During 2023, many Indian stocks, including MRF, saw a significant upward trend. Looking ahead to the first quarter of 2024, the market’s optimistic outlook is expected to continue, albeit with some initial consolidation. According to technical analysis, MRF is projected to range between ₹147,552.99 and ₹183,500.48 in 2024.
| Month | Target |
|---|---|
| April 2024 target for MRF | ₹147552.99 |
| May 2024 target for MRF | ₹152046.43 |
| June 2024 target for MRF | ₹156539.87 |
| July 2024 target for MRF | ₹161033.3 |
| August 2024 target for MRF | ₹165526.74 |
| September 2024 target for MRF | ₹170020.17 |
| October 2024 target for MRF | ₹174513.61 |
| November 2024 target for MRF | ₹179007.04 |
| December 2024 target for MRF | ₹183500.48 |
Summary of MRF Share Price Forecast for 2024
- In 2024, MRF Ltd is anticipated to achieve an initial price target of ₹147552.99.
- With favorable market conditions, the mid-year projection for MRF Ltd could rise to ₹170020.17.
- By the conclusion of 2024, the price target for MRF Ltd is expected to potentially reach ₹183500.48, driven by bullish market trends.
MRF Share Price Target 2025
The anticipated projection suggests that MRF’s share price could potentially reach Rs. 187,170 by January 2025. Given favorable macroeconomic, microeconomic conditions, and industry trends, there is a possibility that MRF Ltd’s target price could rise to Rs. 209,996 by December 2025.
| Month | Target |
|---|---|
| January 2025 target for MRF | ₹187170 |
| February 2025 target for MRF | ₹190913 |
| March 2025 target for MRF | ₹194731 |
| April 2025 target for MRF | ₹188246 |
| May 2025 target for MRF | ₹181977 |
| June 2025 target for MRF | ₹175917 |
| July 2025 target for MRF | ₹182954 |
| August 2025 target for MRF | ₹190272 |
| September 2025 target for MRF | ₹197883 |
| October 2025 target for MRF | ₹201841 |
| November 2025 target for MRF | ₹205878 |
| December 2025 target for MRF | ₹209996 |
Summary of MRF Share Price Forecast for 2025
- In 2025, MRF Ltd is anticipated to reach an initial price target of ₹187,170. If market conditions remain favorable, the mid-year projection for MRF Ltd could climb to ₹175,917.
- By the close of 2025, the price target for MRF Ltd has the potential to rise to ₹209,996, driven by bullish market trends.
MRF Share Price Target 2026
According to technical analysis, MRF’s projected minimum share price target is anticipated to reach Rs. 214,196, while the maximum potential value of MRF shares could reach Rs. 240,319.
| Month | Target |
|---|---|
| January 2026 target for MRF | ₹214196 |
| February 2026 target for MRF | ₹218480 |
| March 2026 target for MRF | ₹222850 |
| April 2026 target for MRF | ₹215429 |
| May 2026 target for MRF | ₹208255 |
| June 2026 target for MRF | ₹201320 |
| July 2026 target for MRF | ₹209373 |
| August 2026 target for MRF | ₹217748 |
| September 2026 target for MRF | ₹226458 |
| October 2026 target for MRF | ₹230987 |
| November 2026 target for MRF | ₹235607 |
| December 2026 target for MRF | ₹240319 |
Summary of MRF Share Price Forecast for 2026
- In 2026, MRF Ltd is anticipated to have an initial price target of ₹214,196.
- If market conditions remain favorable, the mid-year target could rise to ₹201,320.
- By the year’s end, bullish market trends suggest the potential for MRF Ltd’s price target to reach ₹240,319.
MRF Share Price Target 2027
According to Fibonacci projections, MRF Ltd (MRF) is expected to achieve a price target ranging from ₹245,125 to ₹230,391 by the first half of 2027. In the latter half of 2027, the share price of MRF could potentially peak at ₹275,022.
| Month | Target |
|---|---|
| January 2027 target for MRF | ₹245125 |
| February 2027 target for MRF | ₹250028 |
| March 2027 target for MRF | ₹255029 |
| April 2027 target for MRF | ₹246537 |
| May 2027 target for MRF | ₹238327 |
| June 2027 target for MRF | ₹230391 |
| July 2027 target for MRF | ₹239607 |
| August 2027 target for MRF | ₹249191 |
| September 2027 target for MRF | ₹259159 |
| October 2027 target for MRF | ₹264342 |
| November 2027 target for MRF | ₹269629 |
| December 2027 target for MRF | ₹275022 |
Summary of MRF Share Price Forecast for 2027
- In 2027, MRF Ltd is anticipated to achieve different price targets: an initial projection of ₹245,125, a mid-year target of up to ₹230,391 under favorable market conditions, and a potential year-end target of ₹275,022, assuming bullish market trends continue.
MRF Share Price Target 2028
| Month | Target |
|---|---|
| January 2028 target for MRF | ₹280522 |
| February 2028 target for MRF | ₹286132 |
| March 2028 target for MRF | ₹291855 |
| April 2028 target for MRF | ₹282136 |
| May 2028 target for MRF | ₹272741 |
| June 2028 target for MRF | ₹263659 |
| July 2028 target for MRF | ₹274205 |
| August 2028 target for MRF | ₹285173 |
| September 2028 target for MRF | ₹296580 |
| October 2028 target for MRF | ₹302512 |
| November 2028 target for MRF | ₹308562 |
| December 2028 target for MRF | ₹314733 |
Summary of MRF Share Price Forecast for 2028
- The initial price target for MRF Ltd in 2028 is projected to be ₹280522.
- With favorable market conditions, the mid-year price target for MRF Ltd could reach ₹263659.
- By the end of 2028, the price target for MRF Ltd is expected to potentially reach ₹314733, considering bullish market trends.
MRF Share Price Target 2029
| Month | Target |
|---|---|
| January 2029 target for MRF | ₹321028 |
| February 2029 target for MRF | ₹327449 |
| March 2029 target for MRF | ₹333998 |
| April 2029 target for MRF | ₹322876 |
| May 2029 target for MRF | ₹312124 |
| June 2029 target for MRF | ₹301730 |
| July 2029 target for MRF | ₹313799 |
| August 2029 target for MRF | ₹326351 |
| September 2029 target for MRF | ₹339405 |
| October 2029 target for MRF | ₹346193 |
| November 2029 target for MRF | ₹353117 |
| December 2029 target for MRF | ₹360179 |
Summary of MRF Share Price Forecast for 2029
- The initial price target for MRF Ltd in 2029 is projected to be ₹321028.
- With favorable market conditions, the mid-year price target for MRF Ltd could reach ₹301730.
- By the end of 2029, the price target for MRF Ltd is expected to potentially reach ₹360179, considering bullish market trends.
MRF Share Price Target 2030
| Month | Target |
|---|---|
| January 2030 target for MRF | ₹367383 |
| February 2030 target for MRF | ₹374731 |
| March 2030 target for MRF | ₹382226 |
| April 2030 target for MRF | ₹369498 |
| May 2030 target for MRF | ₹357194 |
| June 2030 target for MRF | ₹345299 |
| July 2030 target for MRF | ₹359111 |
| August 2030 target for MRF | ₹373475 |
| September 2030 target for MRF | ₹388414 |
| October 2030 target for MRF | ₹396182 |
| November 2030 target for MRF | ₹404106 |
| December 2030 target for MRF | ₹412188 |
Summary of MRF Share Price Forecast for 2030
- The projected initial price target for MRF Ltd in 2030 is ₹367,383.
- Under favorable market conditions, the mid-year price target for MRF Ltd could potentially rise to ₹345,299.
- By the end of 2030, the expected price target for MRF Ltd could reach ₹412,188, driven by bullish market trends.
Key Takeaways from Forecasted Price for MRF from 2024 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2024 | ₹147552.99 | ₹170020.17 | ₹183500.48 |
| 2025 | ₹187170 | ₹175917 | ₹209996 |
| 2026 | ₹214196 | ₹201320 | ₹240319 |
| 2027 | ₹245125 | ₹230391 | ₹275022 |
| 2028 | ₹280522 | ₹263659 | ₹314733 |
| 2029 | ₹321028 | ₹301730 | ₹360179 |
| 2030 | ₹367383 | ₹345299 | ₹412188 |
- In 2024, MRF Ltd (MRF) anticipates robust growth, initially targeting ₹147,552.99, but potential market volatility may cause fluctuations, reaching a peak of ₹174,513.61 mid-year.
- Looking ahead to 2025, MRF Ltd could experience a bullish trend, aiming for a mid-year target of ₹182,954, followed by a steady rise to ₹209,996.
- In 2026, MRF Ltd might face a temporary decline in the early months, with a recovery expected by mid-year, targeting ₹209,373.
- For 2027, mixed trends are anticipated for MRF Ltd, characterized by rapid movements in both upward and downward directions, yet maintaining an overall upward trajectory towards ₹275,022.
- By 2028 and 2029, MRF Ltd is projected to exhibit strong and consistent growth, potentially surpassing previous highs and establishing new records.
- By 2030, the cumulative impact of market dynamics could propel MRF Ltd towards a substantial year-end target, exceeding earlier expectations.
Final Words on MRF Ltd (MRF) Share Price Target up to 2030
In summary, we have outlined projected MRF share price targets from 2024 through 2030 using current trading data and advanced algorithms. These targets are anticipated to act as key support and resistance levels in the upcoming years.
It is important to acknowledge that although these targets stem from technical analysis, external market factors and news may influence the stock’s trajectory. Therefore, these projected targets should be considered as directional indicators and not as financial counsel. Conduct thorough research independently before making any investment decisions.