MRF Share Price in 1990

Madras Rubber Factory, or MRF, has established itself as a major player in the Indian stock market. Tracing its journey from 1990 to the present offers valuable insights into its growth.

MRF Share Price in 1990

In 1990, MRF share price was ₹332. This period marked the company’s early stages in the stock market, setting the foundation for its future growth.

In 1980, MRF Company was not listed in the Indian Share market. MRF share price in 1990 was Rs 332, which is now around Rs 1.07 lakh in March 2025. Now MRF company share is India’s second most costly share in the Stock Market.

MRF Share Price From 1990 to 2025

Year	MRF Share Price on 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	94402
2024	130734
2025	129374

1. The Early Growth Phase (1990–2000)

MRF experienced moderate growth in the early 1990s. The economic liberalization of India in 1991 helped the stock gain momentum as the country opened up to foreign investment. By 1994, the share price had crossed ₹2,000. However, the late 1990s saw some volatility due to the Asian financial crisis and other economic factors, leading to price fluctuations.

2. Post-2000 Boom and Challenges

The early 2000s brought a series of ups and downs. The global dot-com crash and economic instability led to a dip in stock prices in 2001 and 2002. However, by the mid-2000s, MRF had solidified its market dominance, leading to steady price growth.

3. The Rapid Rise (2010–2020)

The decade from 2010 to 2020 was a golden period for MRF investors. The share price shot up from ₹6,595 in 2010 to ₹96,456 in 2021, showing the company’s strong market performance, increased demand for automobiles, and improved financials.

4. Recent Trends and the ₹1 Lakh Milestone

By 2021, MRF became the first Indian stock to cross ₹1,00,000 per share, making it one of the most expensive stocks in the country. The company has continued to perform well despite market volatility, global slowdowns, and rising competition.

Also Read: Wipro Share Price From 1980

Investment Perspective: 1990 to 2024

An investment of ₹1 lakh in MRF shares in 1990 would have grown to approximately ₹3.93 crore by January 1, 2024.

This remarkable growth underscores the potential of long-term investments in fundamentally strong companies.

About MRF Company

Founded in 1946 by K. M. Mammen Mappillai, MRF has evolved into India’s largest tyre manufacturer, producing tyres for two-wheelers, cars, trucks, and off-road vehicles. Headquartered in Chennai, Tamil Nadu, the company’s consistent performance has solidified its position in the market.

Fundamental details about MRF share

1. Ticker Symbol: MRF is listed on India’s National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Its ticker symbol is “MRF” on both exchanges.
2. Market capitalization: The market capitalization of MRF company is around 56,773 crore rupees. This is a blue-chip company in India.
3. High- low: MRF share 52-week high is 1,45,735.90 rupees and the 52-week low is 1,02,124.05 rupees.

Conclusion

MRF’s journey from a share price of ₹332 in 1990 to over ₹1 lakh in recent years exemplifies its resilience, strategic vision, and the rewards of long-term investment. The company’s ability to navigate economic challenges and capitalize on growth opportunities has solidified its status as a stalwart in the Indian stock market.

Question and Answer About MRF Share History

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