The largest tyre maker in India and the sixth largest producer worldwide is MRF, or Madras Rubber Factory. Their tyres’ superior rubber quality is the reason they are well-liked. Many people look for the MRF share price using the highly popular Google search term “MRF share price in 1990” in order to learn more about the company’s origins. Due to a widely shared movie on the internet featuring a grandpa who purchased 20,000 MRF shares in 1990, the number of searches for it has surpassed 1 billion.
Being one of the most expensive shares on the Indian Stock Market, MRF’s high share price is another major factor in the company’s constant attention.
The history of the MRF share price in India from 1990 to the present, or 2022, is shown in this post.
MRF share price history 1990 to 2024
| Years | MRF share price 1990 to 2022 (yearly average) |
|---|---|
| 1990 | ₹ 5 |
| 1991 | ₹ 8 |
| 1992 | ₹ 9 |
| 1994 | ₹ 27 |
| 1995 | ₹ 345 |
| 1996 | ₹ 3570 |
| 1997 | ₹ 3398 |
| 1998 | ₹ 2750 |
| 1999 | ₹ 2919 |
| 2000 | ₹ 2812 |
| 2001 | ₹ 1250 |
| 2002 | ₹ 1000 |
| 2003 | ₹ 2550 |
| 2004 | ₹ 2820 |
| 2005 | ₹ 3498 |
| 2006 | ₹ 4900 |
| 2007 | ₹ 8810 |
| 2008 | ₹ 7360 |
| 2009 | ₹ 6980 |
| 2010 | ₹ 9910 |
| 2011 | ₹ 749 |
| 2012 | ₹ 12951 |
| 2013 | ₹ 20325 |
| 2014 | ₹ 37450 |
| 2015 | ₹ 46508 |
| 2016 | ₹ 55652 |
| 2017 | ₹ 74400 |
| 2018 | ₹ 81350 |
| 2019 | ₹ 66461 |
| 2020 | ₹ 81249 |
| 2021 | ₹ 98497 |
| 2022 | ₹ 71685 |
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The MRF share price history covered above spans the years 1990 through 2022, and while those figures are somewhat accurate, they are not entirely accurate since MRF (INDIA) or any other source did not offer a table that would have shown the MRF share price in 1990. Here is the MRF share price for 2022.
MRF share price in 2022
When the picture above was captured in 2022, the share price of MRF was 72,064 Indian rupees.
MRF share reached a 52-week high of 87,549 INR.
MRF share’s 52-week low is 62,990 INR.
For MRF shares, the dividend yield is 0.15%.
MRF Share Price in 2024
| Year | MRF share price in 2020 |
| 2020 | Around 81,000 INR |
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The share price of MRF was around 81,000 Indian rupees in 2020. Because to COVID19, the price of this share fell to 50,000INR in 2020.
MRF Share Price in 1990
| Year | MRF share price in 1990 |
| 1990 | Around 5 INR |
In 1990, MRF’s share price was around 5 INR. This share has returned more than 1000% thus far. Individuals that made investments in MRF in 1990 are today extremely wealthy because to their large profits. Since 1990, some investors have continued to own MRF shares because they believe in the company’s fundamentals. Grandfather purchased around 20,000 shares of MRF in 1990, when the share price was only 5 rupees. Today, the shares are worth over 1 billion.
MRF share price in 1993
| Year | MRF share price in 1993 |
| 1993 | 11 INR |
In 1993, the price of an MRF share was at 11 rupees. The price of MRF now is more over 66,000 INR, a gain of more than 6,000,000,000% in 28 years.
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MRF Share Price in 1995
| Year | MRF share price in 1995 |
| 1995 | Rs 1546 |
The price of an MRF share in 1995 was around 1546 Indian rupees, indicating a significant increase in just five years.
MRF Share Price in 1980
| Year | MRF share price in 1980 |
| 1980 | Rs 0 (Not traded on BSE) |
Conclusion
The 1990 MRF share price, which was around 5 INR, as well as several other years like 2022 and 2020, were covered in the piece above. In addition, to wrap up this article, we’d like to provide you with the following MRF facts:
(FAQs related to the MRF (Madras Rubber Factory) share price history and investment
The share price of MRF in 1990 was around 5 INR.
Since 1990, the MRF share price has experienced significant growth, reaching a much higher value in recent years.
The MRF share price in 1993 was approximately 11 INR.
In 1995, the share price of MRF was around 1546 INR, indicating substantial appreciation over a five-year period.
The outlook for MRF’s share price depends on multiple factors, including the company’s performance, industry trends, and broader economic conditions. Investors should conduct thorough research or consult financial experts for future price predictions.