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MRF share price in 1990 to 2022 | Why MRF Share Price is So High? 📈

MRF share price in 1990 to 2022 | Why MRF Share Price is So High? 📈

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MRF which stands for “Madras Rubber Factory” is largest tyre manufacturers in India whereas, 6th largest producers in the world. They are popular because of their rubber quality of tires. lot of people search MRF share price just to see from where it started by searching very popular query on google which is “MRF share price in 1990“. People search it because their is an viral video on internet about grandfather bought 20,000 MRF shares in 1990 are now over 1 billion.

Another main reason for MRF, for always staying in limelight is its high share price, as MRF share is one of the most expensive share in Indian Stock Market.

In this post you can see history of MRF share price since 1990 to present 2022 in India.

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
MRF share price 1990 to 2022

All above mentioned MRF share price history is from 1990 to 2022 and those prices are approximate not 100% correct because their is no such table is provided by MRF(INDIA) or any other source which can clearly display MRF share price in 1990 .Now bellow is MRF share price 2022.

MRF share price in 2022

Mrf share price 2022 | MRF share price in 1990

In 2022, While above screenshot was taken at that time MRF share price was 72,064 in Indian rupees.

  • 52 week high for MRF share is 87,550 INR.
  • 52 week low for MRF share is 63,000 INR.
  • Dividend Yield is 0.15% for MRF share.

MRF Share Price in 2020

Year MRF share price in 2020
2020 Around 81,000 INR
MRF share price in 2022

In 2020, MRF share price was around 81,000 in Indian rupee. During 2020, 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
MRF share price in 1990

MRF share price in 1990 was Around 5 INR. Till now, this share has given return over 1000%. People who invested in 1990 in MRF had made lot of profit and they are very rich now. Some investor are still holding MRF shares since 1990 as they trust in company’s fundamentals. Back in 1990, When MRF share price was around 5 rupees one person (Grandfather) bought nearly 20,000 shares and now its value is over 1 billion.

Grandfather bought 20,000 MRF share in 1990. | MRF share price in 1990 was around 5 INR

MRF share price in 1993

Year MRF share price in 1993
1993 11 INR
MRF share price in `1993

MRF share price in 1993 was rupees 11 approximately. Now MRF todays 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
MRF share price in 1995

In 1995, MRF share price was trading around 1546 Indian rupees, which was recordable growth in 5 years.

MRF Share Price in 1980

Year MRF share price in 1980
1980 Rs 0 (Not traded on BSE)
MRF share price in 1980

Why MRF Share Price is So High?

Only reason for such a high price is less number of shares. In addition to this, company has never divided shares means cutting 1 share into many shares. 

Who hold most of MRF shares?

Largest MRF share holder is hedge company named as “MOVI pvt ltd” this company holds around 12% of MRF shares rest of them are in hold by general public.

Can I Buy 1 Share of MRF?

Yes, anyone with trading account can buy, hold, sell MRF share at anytime. The main issue for buying only 1 share is you might need to pay high brokerage fees and while buying only 1 share, we “Moneyjacks.com” highly recommend you to calculate your risks.

Will MRF Touch 100000?

Well on 10 FEB 2021, MRF share was trading at nearly 97,000INR in India then covid19 came up and whole market Indian Stock Market crashed. After, hard landing now market is slowly climbing up so, may be in future you might see MRF share price surpassing 100000 in India.

Is Investing in MRF stock Good?

Yes, as per past records, MRF stock has given tremendous return to their share holders. In MRF share, Mostly those share holders are in profit who holds the stock from very long time for example 1990 to 2022. and if you do day trading then still you can make money from MRF stock if you know how to read charts.

Which is the Costliest Share in India?

One and only till now MRF (Madras Rubber Factory). its price started in single digit and now its price is in 5 digits.

Why MRF share is so Expensive ?

MRF share price 1990 to 2022 | why MRF share price is high

Conclusion

In above post we discussed about MRF share price in 1990 which was around 5 INR as well as in some other years like 2022, 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, thank you for reading this post , if you like you can share it with your friends or you can comment bellow if you need any more information about this stock or any other stock. If you are into investing, share market, crypto then check our website to upgrade your knowledge.

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