New Delhi, Jun 13 (PTI) Tyre makerF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day.

The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.

Also Read | India Launches ONDC Initiative To Empower Small and Medium Businesses.

At the NSE, shares of the company advanced 1.48 per cent to hit a record high of Rs 1,00,439.95 during the day. It ended at Rs 99,900, up 0.94 per cent.

So far this year, the stock has rallied 12.89 per cent.

Also Read | Reliance Jio Ahead of Peers in Fixed Wireless Access Deployment Due to Wider 5G Coverage, Says Report.

"MRF, one of the leading stocks in the Indian stock market, has made history by becoming the first 6-digit stock after surpassing the impressive milestone of 1 lakh," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

MRF commands one of the highest price quotations on the exchanges.

The other stock in the high price list is Honeywell Automation, with its shares quoting at Rs 41,200.75 on Tuesday.

Some other companies with high price tags are Page Industries (Rs 38,407.60), 3M India (Rs 27,068.65) and Shree Cement (Rs 26,138.05).

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)