MRF Share Price From 1990

This post contains the MRF share price from 1990 to 2023, including information on India’s most expensive stock.

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MRF stands for “Madras Rubber Factory.” It is an Indian multinational company that specializes in the manufacturing and distribution of rubber products. The company was established in 1946 and has since expanded its operations to various countries.

MRF Share Price in 1990

MRF Share Price From 1990 to 2023

YearMRF Share Price on BSE
MRF Share Price from 1990 to 2023

MRF Share price in 1990 was 332 Rupees. In the year 2000, the cost of one share of MRF was 2820. By 2010, the price had increased to 6595. As for the year 2015, the share price of MRF was 40288 rupees.

MRF Share price in 1990 chart

Also Read:- Wipro Share Price in 1980

Madras Rubber Factory (MRF) is India’s most expensive stock in the Indian stock market. Its share Price on 1 January 2023 was 94402 Rupees.

1 Lakh to 2.8 crore

Let’s consider an example where an investor invested 1 lakh rupees in MRF shares in 1990. As of now, this investment has grown to approximately 2.8 crore rupees. [100000/332 = 301 shares] [33294402 = 28,434,337].

About Company

MRF was founded in 1946 by K. M. Mammen Mappillai. MRF Head Office in Chennai, Tamil Nadu. The full form of MRF is Madras Rubber Factory. Madras Rubber Factory is the largest tyre company in India.

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The company manufactures tyres for two-wheelers, cars, trucks, and off-road vehicles.

Fundamental details about MRF share

  1. Ticker Symbol: MRF is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India. Its ticker symbol is “MRF” on both exchanges.
  2. Market Capitalization: The market capitalization of a company is the sum of the market values of its outstanding shares. It is advisable to check the latest market data or financial news for the most up-to-date information.
  3. Dividends: MRF may distribute dividends to its shareholders based on its profitability and the decision of its board of directors. Dividend payments can vary from year to year and are typically announced during the company’s annual general meeting. To get the most accurate and up-to-date information on MRF’s dividend policy, it is advisable to refer to the company’s official announcements or consult with a financial advisor.
  4. Stock Price Performance: The stock price of MRF can fluctuate based on various market factors, such as investor sentiment, industry trends, and company-specific news. It is important to conduct a thorough analysis of the company’s fundamentals, industry dynamics, and market conditions before making any investment decisions.
  5. Analyst Coverage: MRF is a widely followed stock, and several financial analysts and research firms may provide coverage and analysis on the company. Their reports can offer insights into MRF’s performance, future prospects, and potential risks. Investors can refer to these reports to gain a better understanding of the company’s fundamentals and make informed investment decisions.

Question and Answer About MRF Share History

Q.1 MRF Stock Price in 1990?

Ans. MRF Share price in 1990 was 332 Rupees.

Q.2 The share price of MRF in 1993?

Ans. The share price of MRF in 1993 was 925.

Q.3 What was the price of MRF in 2000?

Ans. The price of MRF in 2000 was 2820 Rupees.

Q.4 The face value of MRF Share

Ans. The face value of MRF Share is 10 Rupees.

Q.5 What was MRF share price in 1980?

Ans. MRF was not listed in the Indian stock market in 1980.

Q.6 Which is the highest share price in India?

Ans. Madras Rubber Factory (MRF).

Q.7 What was the highest share price of MRF?

Ans. The highest share price of MRF was 96000 rupees on 7 Nov 2022.


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