MRF, which stands for “Madras Rubber Factory“, is India’s largest tire manufacturer and the 6th largest in the world. They are popular because of the rubber properties of the tires Many people look for MRF share cost to see where to start by searching a popular query on Google which is “MRF share cost in 1990”. People look for it because the viral video on the Internet about a grandfather who bought 20,000 MRF shares in 1990 is now over 1 billion.
Another major reason why MRF has always been in the limelight is its high share price, as MRF shares are the most expensive in the Indian stock market.
In this post, i will show you on Analyzing MRF Share Costs from 1990 to 2024 and A Comprehensive Historical Overview.
Table of Contents
MRF share cost history from 1990 to 2024
| Years | MRF share cost 1990 to 2024 (yearly average) |
|---|---|
| 1990 | ₹ 5 |
| 1991 | ₹ 8 |
| 1992 | ₹ 9 |
| 1994 | ₹ 27 |
| 1995 | ₹ 345 |
| 1996 | ₹ 3,570 |
| 1997 | ₹ 3,299 |
| 1998 | ₹ 2,750 |
| 1999 | ₹ 2,925 |
| 2000 | ₹ 2,710 |
| 2001 | ₹ 1,250 |
| 2002 | ₹ 1,000 |
| 2003 | ₹ 2,550 |
| 2004 | ₹ 2,820 |
| 2005 | ₹ 3,500 |
| 2006 | ₹ 4,800 |
| 2007 | ₹ 8,900 |
| 2008 | ₹ 7,360 |
| 2009 | ₹ 6,890 |
| 2010 | ₹ 9,820 |
| 2011 | ₹ 750 |
| 2012 | ₹ 12,850 |
| 2013 | ₹ 20,220 |
| 2014 | ₹ 39,400 |
| 2015 | ₹ 46,300 |
| 2016 | ₹ 54,650 |
| 2017 | ₹ 74,500 |
| 2018 | ₹ 81,450 |
| 2019 | ₹ 67,460 |
| 2020 | ₹ 81,249 |
| 2021 | ₹ 98,599 |
| 2022 | ₹ 82,781 |
| 2023 | ₹ 72,064 |
| 2024 | ₹ 1,09,300 |
All the MRF share cost history above is from 1990 to 2024 and those prices are not 100% accurate as they are not provided by MRF (INDIA) or any other source which can clearly display the MRF share cost in 1990. MRF Share Cost 2024.
MRF share cost in 2024
In 2024, when the above screenshot was taken, the share cost of MRF was 1,09,300 INR.
- The 52-week high for MRF shares is INR 87,550
- The 52-week low for MRF shares is INR 63,000
- The dividend yield for MRF shares is 0.15%
MRF share cost in 2021
| Year | MRF share cost in 2021 |
| 2021 | Around 81,000 INR |
In 2021, the share cost of MRF was around INR 81,000 In 2021, the share cost fell to INR 50,000 due to covid19.
MRF share cost in 1990
| Year | MRF share cost in 1990 |
| 1990 | Around 5 INR |
In 1990 MRF share cost was up to INR 5, this share has given more than 1000% returns Those who invested in MRF in 1990 made huge profits and are now very rich. Some investors have held MRF shares since 1990s because they believe the company’s momentum Originality In 1990, when MRF shares were worth around Rs 5 a person (Dada) bought around 20,000 shares and now they are worth more than 1 billion.
MRF share cost in 1993
| Year | MRF share cost in 1993 |
| 1993 | 11 INR |
In 1993, the MRF share cost was around Rs.11 Currently MRF is worth more than 66,000 INR which is more than 6,00,000% in 28 years.
MRF share cost in 1995
| Year | MRF share cost in 1995 |
| 1995 | Rs 1546 |
In 1995, the MRF share cost was trading around INR 1546, a record growth in 5 years.
MRF share cost in 1980
| Year | MRF share cost in 1980 |
| 1980 | Rs 0 (Not traded on BSE) |
Why is MRF share cost high?
The only reason for such a high cost is the low number of shares Apart from this, the company has never done a stock split i.e. cutting 5 shares into many shares. Do you want to know more about why the MRF share cost is so high? Check here
Who holds the majority of MRF shares?
The largest MRF shareholder is a hedge company called “MOVI Pvt ltd” which company holds around 12% MRF shares, the rest is held by the general public.
Can I buy 1 share of MRF?
Yes, a person with a trading account can buy, hold or sell MRF shares at any time The main problem with buying only shares is that you have to pay high brokerage fees and while buying only shares, we recommend “Moneyjacks.com” to calculate your risk.
Will MRF touch 1,00,000?
Just on 10 FEB 2021, MRF shares were trading at around 97,000INR in India when covid19 came and the entire market crashed Indian stock market. Now the market is slowly picking up after a hard landing, maybe in future, you might see MRF share cost cross 1,00,000 in India.
Is MRF stock a good investment?
Yes, as per the past record, MRF stock has given tremendous returns to its shareholders In MRF shares, mostly those shareholders who hold the stock for a long time period from 1990 to 2023 are in profit.
What is the most valuable part of India?
One and till now MRF (Madras Rubber Factory). Its value started with a single digit and now its value is in 5 digits.
Why are MRF parts so expensive?
MRF share cost 1990 to 2024 | why MRF share cost is high
Conclusion:
In the above post, we discussed the MRF share cost in 1990 which was around 5 INR and also in some other years like 2024, and 2021. Also to summarize this post we would like to share some facts about MRF with you:
- Company Founder: K. M. Mammen Mappillai
- Company Age: 76 years, established in 1946
- Headquarters: Chennai, Tamil Nadu, India
- Chief Products: Tires, Toys, Sports Equipment, Conveyor Belts, Paints, Coats.
- Service Area: Worldwide
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