MRF Share Price History 1990 to 2022
MRF which stands for “Madras Rubber Factory” is the largest tire manufacturer in India and whereas, 6th largest producer in the world. They are popular because of their rubber quality of tires. a lot of people search MRF share price just to see where it started by searching a very popular query on google which is “MRF share price in 1990". People search for it because there is a viral video on the internet about a grandfather who bought 20,000 MRF shares in 1990 are now over 1 billion.
Another main reason for MRF, always staying in limelight is its high share price, as MRF share is one of the most expensive shares in the Indian Stock Market.
In this post, you can see the history of MRF share prices from 1990 to the present 2022 in India. I hope you guys will like it, please do share this article with your friends and family members who are invested or thinking of investing in MRF Share. So let us proceed with the MRF Share Price History highlights.
MRF share price history 1990 to 2022
| Years | MRF share price 1990 to 2022 (yearly average) |
|---|---|
| 1990 | ₹ 5 |
| 1991 | ₹ 8 |
| 1992 | ₹ 9 |
| 1994 | ₹ 27 |
| 1995 | ₹ 345 |
| 1996 | ₹ 3570 |
| 1997 | ₹ 3299 |
| 1998 | ₹ 2750 |
| 1999 | ₹ 2925 |
| 2000 | ₹ 2710 |
| 2001 | ₹ 1250 |
| 2002 | ₹ 1000 |
| 2003 | ₹ 2550 |
| 2004 | ₹ 2820 |
| 2005 | ₹ 3500 |
| 2006 | ₹ 4800 |
| 2007 | ₹ 8900 |
| 2008 | ₹ 7360 |
| 2009 | ₹ 6890 |
| 2010 | ₹ 9820 |
| 2011 | ₹ 750 |
| 2012 | ₹ 12850 |
| 2013 | ₹ 20220 |
| 2014 | ₹ 39400 |
| 2015 | ₹ 46300 |
| 2016 | ₹ 54650 |
| 2017 | ₹ 74500 |
| 2018 | ₹ 81450 |
| 2019 | ₹ 67460 |
| 2020 | ₹ 81249 |
| 2021 | ₹ 98599 |
| 2022 | ₹ 71782 |
The MRF share price listed in the table is the highest share price or approximate price for that given year.
There is no data available for this time period, although the share price of MRF from 1990 to 1994 seems to be not 100% accurate. I got this rough pricing from a graph in one of our source posts. This could or might not be true.
MRF share price in 2022
In 2022, While the above screenshot was taken on 10/24/2022 at that time MRF’s share price was 86,500.00 Indian rupees.
- The 52-week high for MRF share is 93,887 INR.
- The 52-week low for MRF share is 63,000 INR.
- The dividend Yield is 0.17% for MRF shares.
MRF Share Price in 2020
| Year | MRF share price in 2020 |
| 2020 | Around 81,000 INR |
In 2020, MRF’s share price was around 81,000 Indian rupees. In 2020, the price of this share dropped to 50,000INR because of covid19.
MRF Share Price in 1990
| Year | MRF share price in 1990 |
| 1990 | Around 5 INR |
In 1990, the share price of MRF was about 5 INR. This stock has returned more than 1000% so far. People who invested in MRF in 1990 made a lot of money and are today very wealthy. Some investors have held MRF stock since 1990 because they believe in the company's fundamentals. When MRF's share price was about 5 rupees in 1990, one guy (Grandfather) purchased over 20,000 shares, and it is now worth over 1 billion rupees.
MRF share price in 1993
| Year | MRF share price in 1993 |
| 1993 | 11 INR |
MRF's share price in 1993 was rupees 11 approximately. Now MRF today’s price is over 66,000 INR which is over 6,00,000% in 28 years.
MRF Share Price in 1995
| Year | MRF share price in 1995 |
| 1995 | Rs 1546 |
In 1995, MRF's share price was trading at around 1546 Indian rupees, recordable growth in 5 years.
MRF Share Price in 1980
| Year | MRF share price in 1980 |
| 1980 | Rs 0 (Not traded on BSE) |
Why MRF Share Price is So High?
This increases the number of shares, lowering their face value while offering value to those ready to participate and earn significant profits. Unlike Infosys and many other firms, MRF has never undertaken a stock split, which is one of the reasons why the MRF share price is so high.
Conclusion
In the above post, we discussed MRF's share price in 1990 which was around 5 INR, and in some other years like 2022 and 2020. Apart from that to sum up this post we would like to share some facts about MRF with you:
- Company Founder: K. M. Mammen Mappillai
- Company age: 76 years, founded in 1946
- Headquarters: Chennai, Tamil Nadu, India
- Main Products: Tyres, Toys, Sports equipment, Conveyor belt, Paints, Coats
- Service area: Worldwide
Overall, What do you think about MRF's expected stock price? If you find this information useful, kindly let us know in the comments area and share it with your family and friends. Your feedback will inspire us to create more content for you.
Frequently Asked Questions?
Can I purchase a single share of MRF?
Yes, everyone with a trading account can purchase, hold, and sell MRF shares at any time. The primary disadvantage of purchasing only one share is that you may be required to pay significant brokerage fees. When purchasing only one share, we "Money Luster" strongly advise you to analyze your risks.
Who owns the majority of MRF stock?
The largest MRF shareholder is a hedge fund called "MOVI Pvt ltd," which owns around 12% of MRF shares. The rest are owned by the general public.
What was MRF's highest share price?
In 1990, the MRF share price was around 320 Rupees. However, the current share price of MRF is about 97000 Rupees. MRF's all-time high is 98599 Rupees.
Which is the most expensive share in India?
MRF was the only one until now (Madras Rubber Factory). Its price began in the single digits and is currently in the five digits.
Will MRF ever reach 100,000?
On 10 FEB 2021, MRF share was trading at nearly 97,000INR in India when covid19 appeared and the entire Indian Stock Market crashed. After a harsh landing, the market is steadily recovering, and the MRF share price in India may soon top $100,000.
Is it a good idea to invest in MRF stock?
Yes, according to historical data, MRF stock has provided outstanding returns to its shareholders. In MRF shares, most stockholders profit who keep the stock for an extended period of time, such as 1990 to 2022. Provided you conduct day trading, you may still profit from MRF stock if you know how to interpret charts.
When was the MRF share split?
MRF offered a share split of 1:2 and 3:10 in 1970 and 1975, respectively. There has been no share splits since 1975. Here are five possible reasons why MRF will not divide its shares.
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