Explore the MRF Share Price From 1990
Discover the evolution of MRF share price from 1990 to 2023, highlighting insights on India’s most valuable stock. Stay informed with the latest update as of September 18, 2023.
MRF, short for “Madras Rubber Factory,” is a renowned Indian multinational enterprise specializing in the production and distribution of rubber-based products. Established in 1946, MRF has expanded its operations globally, becoming a prominent player in the industry.
Table of Contents
Unveiling MRF Share Price From 1990 to 2023
| MRF Share Price “Year” | MRF Share Price on BSE |
| 1990 | 333 |
| 1991 | 352 |
| 1992 | 737 |
| 1993 | 926 |
| 1994 | 2010 |
| 1995 | 2510 |
| 1996 | 1830 |
| 1997 | 3185 |
| 1998 | 2155 |
| 1999 | 2075 |
| 2000 | 2830 |
| 2001 | 1260 |
| 2002 | 860 |
| 2003 | 920 |
| 2004 | 2461 |
| 2005 | 2700 |
| 2006 | 2900 |
| 2007 | 4430 |
| 2008 | 7310 |
| 2009 | 2104 |
| 2010 | 6600 |
| 2011 | 7531 |
| 2012 | 7955 |
| 2013 | 13855 |
| 2014 | 20160 |
| 2015 | 40298 |
| 2016 | 41499 |
| 2017 | 53550 |
| 2018 | 73422 |
| 2019 | 67432 |
| 2020 | 70974 |
| 2021 | 96466 |
| 2022 | 77265 |
| 2023 | 94406 |
In 1990, the MRF share price was 333 Rupees. Witness its growth over the years – in 2000, one share cost 2830 Rupees, and by 2010, it surged to 6600 Rupees. Notably, in 2015, the MRF share price reached an impressive 40288 Rupees.
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Exclusive Insight: India’s Priciest Stock MRF,
often touted as India’s most expensive stock in the domestic market, achieved a remarkable share price of 94402 Rupees on January 1, 2023.
Financial Growth Scenario: 1 Lakh to 2.8 Crore
Consider this scenario: an investor putting 1 lakh Rupees in MRF shares in 1990. Today, this investment has ballooned to around 2.8 crore Rupees, showcasing substantial growth. The calculation involves acquiring 301 shares at the initial price of 332 Rupees, resulting in a current valuation of 28,434,337 Rupees.
Company Overview
Founded in 1946 by K. M. Mammen Mappillai, MRF has its headquarters in Chennai, Tamil Nadu. As the largest tire company in India, Madras Rubber Factory has left an indelible mark in the industry. Stay tuned for more updates on this dynamic market player.
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The company manufactures tyres for two-wheelers, cars, trucks, and off-road vehicles.
Fundamental details about MRF share
1.MRF Ticker Symbol and Stock Exchange Listings: MRF, a leading company in India, is publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The ticker symbol for MRF is “MRF” on both exchanges.
2.Market Capitalization Insights: Understanding a company’s market capitalization is crucial. It represents the total market value of its outstanding shares. For the latest and most accurate information, it is recommended to refer to the latest market data or financial news.
3.Dividend Policy at MRF: MRF’s dividend distribution is influenced by its profitability and the decisions of the board of directors. Dividend payments can vary annually and are typically disclosed during the annual general meeting. For the most reliable information on MRF’s dividend policy, refer to official announcements or consult with a financial advisor.
4.MRF Stock Price Dynamics: MRF’s stock prices are subject to fluctuations influenced by market factors like investor sentiment, industry trends, and company-specific news. Before making investment decisions, it’s crucial to conduct a thorough analysis of the company’s fundamentals, industry dynamics, and prevailing market conditions.
5.Analyst Coverage for MRF: MRF is extensively covered by financial analysts and research firms. Their reports provide valuable insights into the company’s performance, future prospects, and potential risks. Investors seeking a deeper understanding of MRF’s fundamentals can refer to these reports to make informed investment decisions.
Question and Answer About MRF Share History
Q.1.MRF Stock Price in 1990:
Ans. the MRF Share Price in 1990 was valued at 332 Rupees.
Q.2.MRF Share Price in 1993:
Ans. The MRF share price in 1993 stood at 925 Rupees.
Q.3.Price of MRF in 2000:
Ans. In the year 2000, the MRF stock was priced at 2820 Rupees.
Q.4 Face Value of MRF Share:
The face value of an MRF Share is 10 Rupees.
Q.5 MRF Share Price in 1980:
MRF was not listed on the Indian stock market in 1980.
Q.6 Highest Share Price in India:
Ans. The distinction of the highest share price in India goes to Madras Rubber Factory (MRF).
Q.7 Highest Share Price of MRF:
Ans. On November 7, 2022, MRF achieved its highest share price of 96000 Rupees
