MRF share price in 1990 to 2022 :
The full name of MRF is “Madras Rubber Factory”. It is the largest tire manufacturer in India and the sixth largest tire manufacturer in the world. It is popular for its quality. Many people search for MRF stock price just to see if they start by searching for the popular Google search term “MRF stock price 1990”. People are watching because there’s a viral video about grandfather on the internet. He bought 20,000 shares of MRF in 1990 and now owns over a billion shares.
Another major reason why MRF has been in the spotlight is its high share price. Because MRF stock is the most expensive stock in Indian stock market.
In this article, you can see the history of the MRF share price in India from 1990 to 2022.
MRF share price history 1990 to 2022
|Years||MRF share price 1990 to 2022 (yearly average)|
All MRF share price history above is from 1990 to 2022, these prices are not 100% accurate as there is no such chart from MRF (India) or any other source that clearly shows MRF share price for that year. 1990 Now Below is MRF Share Price 2022
MRF share price in 2022
In 2022, MRF is trading at Rs 72,064, although the screenshot above was taken at the time.
- The 52-week high for MRF share is 87,550 INR.
- The 52-week low for MRF share is 63,000 INR.
- The dividend Yield is 0.15% for MRF shares.
MRF Share Price in 2020
|Year||MRF share price in 2020|
|2020||Around 81,000 INR|
In 2020, the share price of MRF is around INR 81,000. In 2020, the share price has dropped to INR 50,000 due to covid19.
MRF Share Price in 1990
|Year||MRF share price in 1990|
|1990||Around 5 INR|
The share price of MRF in 1990 was around Rs 5. The stock has returned more than 1,000% so far. Those who invested in MRF in 1990 made huge profits and are now very rich. Some investors have held MRF since 1990 because they believed in the company’s fundamentals. In 1990, when the share price of MRF was around Rs 5, one man (grandfather) bought almost 20,000 shares and now owns MRF. worth over a billion.
MRF share price in 1993
|Year||MRF share price in 1993|
The share price of MRF in 1993 was around Rs 11 and now the price of MRF is Rs 66,000, an increase of more than 6,00,000% in 28 years.
MRF Share Price in 1995
|Year||MRF share price in 1995|
In 1995, MRF shares were trading at around Rs 1,546, an unprecedented increase in five years.
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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?
The only reason the price is so high is because the number of shares is low. Furthermore, the company never splits its shares, i.e. splits one share into multiple shares. Want to learn more about why MRF’s share price is so high? check here.
Who holds most of MRF shares?
The main shareholder of MRF is a hedge company called “MOVI Pvt ltd”. The company holds about 12 percent of MRF, with the rest held by the public.
Can I Buy 1 Share of MRF?
Yes, anyone with a trading account can buy, hold or sell MRF shares at any time. You may have to pay high brokerage fees. And when buying single shares of Moneyjacks.com you are strongly advised to calculate your risk.
Will MRF Touch 100000?
On February 10, 2021, MRF shares were trading near Rs 97,000 in India. Then covid19 happened and all Indian stock markets crashed. After the heavy landing, the market is slowly rising, so MRF’s share price in India may exceed 100,000 points in the future.
Is Investing in MRF stock Good?
Yes, as mentioned earlier, MRF stock has generated huge profits for shareholders. In MRF stock, most shareholders are profitable and hold for the long term, say from 1990 to 2022. If you trade every day, if you can read the graphs, you can still make money with MRF stock.
What is the most expensive share in India?
The only one so far, MRF (Madras Rubber Factory). Prices started in the single digits and are now in the 5 digits.
Why are MRF shares so expensive?
In the previous article, we discussed MRF share price around Rs 5 in 1990 and other years like 2022 and 2020. We would like to share some facts about FRM 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
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