MRF which means “Madras Elastic Plant” is the biggest tire maker in India and though, sixth biggest maker on the planet. They are famous in light of their elastic nature of tires. a many individuals search MRF share value just to see where it began via looking through an extremely well known question on google which is “MRF share cost in 1990”. Individuals look for it since there is a viral video on the web a 20,000 about a granddad MRF partakes in 1990 are currently more than 1 billion
Another main reason for MRF, always staying in limelight is its high share price, as MRF share is one of the most expensive shares in the Indian Stock Market.
In this post, you can see the history of MRF share price from 1990 to the present 2022 in India.
MRF share price journey 1990 to 2022
| Years (1990 to 2022) | MRF share price 1990 to 2022 (yearly average) |
|---|---|
| 1990 | ₹ 5 |
| 1991 | ₹ 8 |
| 1992 | ₹ 9 |
| 1994 | ₹ 27 |
| 1995 | ₹ 345 |
| 1996 | ₹ 3570 |
| 1997 | ₹ 3299 |
| 1998 | ₹ 2750 |
| 1999 | ₹ 2925 |
| 2000 | ₹ 2710 |
| 2001 | ₹ 1250 |
| 2002 | ₹ 1000 |
| 2003 | ₹ 2550 |
| 2004 | ₹ 2820 |
| 2005 | ₹ 3500 |
| 2006 | ₹ 4800 |
| 2007 | ₹ 8900 |
| 2008 | ₹ 7360 |
| 2009 | ₹ 6890 |
| 2010 | ₹ 9820 |
| 2011 | ₹ 750 |
| 2012 | ₹ 12850 |
| 2013 | ₹ 20220 |
| 2014 | ₹ 39400 |
| 2015 | ₹ 46300 |
| 2016 | ₹ 54650 |
| 2017 | ₹ 74500 |
| 2018 | ₹ 81450 |
| 2019 | ₹ 67460 |
| 2020 | ₹ 81249 |
| 2021 | ₹ 98599 |
| 2022 | ₹ 82,300 |
MRF Share Price in 2020
| Year | MRF share price in 2020 |
| 2020 | Around 85,000 INR |
In 2020, MRF’s share price was around 85,000 Indian rupees. In 2020, the price of this share dropped to 50,000INR because of covid19
MRF Share Price in 1990
| Year | MRF share price in 1990 |
| 1990 | Around 5 INR |
MRF share cost in 1990 was around 5 INR. Till now, this offer has given an arrival of more than 1000%. Individuals who put resources into 1990 in MRF created a ton of gain and they are extremely rich at this point. A few financial backers are as yet holding MRF shares starting around 1990 as they trust in the organization’s essentials. Back in 1990, When MRF share cost was around 5 rupees one individual (Granddad) purchased almost 20,000 offers and presently its worth is more than 1 billion
MRF share price in 1993
| Year | MRF share price in 1993 |
| 1993 | 11 INR |
MRF share price in 1993 was rupees 11 approximately. Now MRF today’s price is over 66,000 INR which is over 6,00,000% in 28 years.
MRF Share Price in 1995
| Year | MRF share price in 1995 |
| 1995 | Rs 1552 |
In 1995, MRF share price was trading around 1546 Indian rupees, which was recordable growth in 5 years.
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?
Who holds most of MRF shares?
The largest MRF shareholder is a hedge company named “MOVI Pvt ltd” this company holds around 12% of MRF shares rest of them are the held by the general public.
Conclusion
In the above post, we discussed MRF share price in 1990 which was around 5 INR as well as in some other years like 2022, and 2020. Apart from that to sum up this post we would like to share some facts about MRF 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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