MRF, which stands for “Madras Rubber Factory”, is India’s largest tire manufacturer and 6th largest global producer. Their rubber tires are what make them so popular. Many people search MRF shares price to find out where it came from. They do this by using a popular query on Google, ” MRF Share Price in 1990“. It is popular because of a viral internet video about a grandfather who purchased 20,000 MRF shares back in 1990.
MRF shares are one of the most valuable shares in the Indian Stock Market. This is another reason why MRF is always in the limelight.
This post shows the history of MRF share prices from 1990 to the present in India.
MRF share price history 1990 to 2022
|Years||MRF share price 1990 to 2022 (yearly average)|
The MRF share price history from 1990 to 2022 is shown. These prices are not 100% accurate as there is no MRF(INDIA), or other source that can display the MRF share price in 1990. Below is MRF Share Price 2022.
MRF share price in 2022
In 2022. The above screenshot was taken when MRF’s share was 72,064 Indian Rupees.
- 52-week high of MRF share at 87,550 INR
- The 52-week low MRF share was 63,000 INR.
- The dividend yield for MRF shares is 0.15%
MRF Share Price in 1990
|Year||MRF share price in 1990|
|1990||Around 5 INR|
In 1990, the MRF share prices were around 5 INR. This share has yielded a return exceeding 1000%. MRF investors who made large profits in 1990 are now very wealthy. MRF shares are held by some investors who still trust the company’s foundations. In 1990, MRF shares were worth around 5 rupees per share. Grandfather bought almost 20,000 shares. Today it is worth more than 1 billion.
MRF share price in 1993
|Year||MRF share price in 1993|
MRF share price was approximately rupees 11. Today, MRF’s current price is 66,000 INR. This is an increase of 6,00,000.% over the past 28 years.
MRF Share Price in 1995
|Year||MRF share price in 1995|
MRF share prices were trading at 1546 Indian rupees in 1995. This was a record-breaking growth rate over 5 years.
MRF Share Price in 1980
|Year||MRF share price in 19980|
|1980||Rs 0 (Not traded on BSE)|
MRF Share Price in 2020
|Year||MRF share price in 2020|
|2020||Rs 0 (Not traded on BSE)|
MRF’s share price in 2020 was 81,000 Indian Rupees. Covid19 caused the share price to drop to 50,000 INR in 2020.
Why MRF Share Price is So High?
There are fewer shares than the price. The company has never divided shares, which means that 1 share can be split into many shares.
Who holds most of MRF shares?
The largest MRF shareholder, is a hedge firm named MOVI Pvt Ltd This company holds approximately 12% of MRF shares. The rest are held by the public.
Can I Buy 1 Share of MRF?
Anyone with a trading account may buy, hold or sell MRF shares at any time. You might have to pay brokerage fees if you buy only one share. We recommend that you carefully calculate your risk when buying 1 share.
Will MRF Touch 100000?
On 10 FEB 2021 MRF share was trading at almost 97,000 INR in India. Then covid19 appeared and the entire Indian Stock Market crashed. The market is recovering from a difficult landing and you may see MRF share prices surpass 100000 in India in the near future.
Is Investing in MRF stock Good?
According to past records, MRF stock has provided tremendous returns for its shareholders. MRF share is a stock that makes a lot of money for those who hold it for a long period of time, such as 1990 to 2022.
Which is the Costliest Share in India?
The MRF (Madras Rubber Factory), is the only one. Its price was initially in single digits, but now it is in five digits.
Why MRF share is so Expensive?
We discussed the MRF share price in 1990, which was approximately 5 INR, as well as other years such as 2022 and 2020 in the post above. We will also share some facts about MRF to wrap up the post.
- Company Founder K. M. Mammen Mappillai
- Company Age: 76 Years, founded in 1946
- Headquarters: Chennai, Tamil Nadu, India
- Main Products: Tires, Toys and Sports Equipment, Conveyor Belt, Paints, Coats
- Service Area: Worldwide
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