Do you know? MRF is one of the most expensive stocks in India. But what was the price in 1990? MRF share price in 1990 was 332 rupees. In this article, you can see the MRF share price history from 1990 and a few important details about the company.
Table of Contents
MRF Share Price History From 1990 to 2023
| Year | Share Price (BSE) |
|---|---|
| 1990 | 332 |
| 1991 | 350 |
| 1992 | 735 |
| 1993 | 925 |
| 1994 | 2000 |
| 1995 | 2500 |
| 1996 | 1820 |
| 1997 | 3175 |
| 1998 | 2150 |
| 1999 | 2070 |
| 2000 | 2820 |
| 2001 | 1255 |
| 2002 | 850 |
| 2003 | 915 |
| 2004 | 2459 |
| 2005 | 2700 |
| 2006 | 2895 |
| 2007 | 4425 |
| 2008 | 7300 |
| 2009 | 2094 |
| 2010 | 6595 |
| 2011 | 7529 |
| 2012 | 7950 |
| 2013 | 13850 |
| 2014 | 20150 |
| 2015 | 40288 |
| 2016 | 41399 |
| 2017 | 53500 |
| 2018 | 73412 |
| 2019 | 67422 |
| 2020 | 70964 |
| 2021 | 96456 |
| 2022 | 77255 |
| 2023 | 84005 (April 06) |
MRF share price in 1990 was 332 rupees. In 5 years, the price had increased by around 653%. MRF share price in 1995 was 2500 rupees.
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After this huge movement, it consolidated for another five years and moved approximately 12% only. MRF share price in 2000 was 2820 rupees.
From 2000 to 2010, it moved to approximately 133.8%. So, MRF share price in 2010 was 6595 rupees.
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Again from 2010 to 2020, it gave massive movement, and the price increased by around 976%. MRF share price in 2020 was 70964 rupees. As of April 06, 2023, the stock price of MRF was 84005 rupees.
If anyone invested Rs. 1 Lakh in MRF shares in 1990 and holding it till now, they would have around Rs. 2.8 crores. Look at the chart below to see the MRF share price rally.
About MRF Limited company
MRF Limited is a renowned Indian multinational tire manufacturing company that has been operating since 1946. It was founded by K. M. Mammen Mappillai and its head office is located in Chennai, Tamilnadu.
Do you know the full form of MRF? It is Madras Rubber Factory. And it is one of the largest tyre companies in India.
Over the years, MRF has gained significant recognition in the market for its exceptional quality tires and tubes. The company’s growth has been phenomenal, and the share price of MRF has been a topic of interest for investors and traders for a long time.
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FAQs
What was the MRF share price in 2021?
MRF share price in 2021 was 96456 Rupees
What was the MRF share price in 2000?
MRF share price in 2000 was 2820 Rupees
What was the MRF share price in 2020?
MRF share price in 2020 was 70964 Rupees
What was the MRF share price in 1993?
MRF share price in 1993 was 925 Rupees
What was the MRF share price in 1992?
MRF share price in 1992 was 735 Rupees
What is the face value of MRF shares?
The face value of MRF share is Rs.10
What is the market cap of MRF shares?
The Market cap of MRF share is Rs.35618 cr.
What is the full form of MRF?
The full form of MRF is Madras Rubber Factory.
Why MRF share price is so high
MRF share price is so high because of the quality of its products. The people trust its product and buy. So the demand is always high.