Rizma Sheikh
MRF share price from 1990 to 2022, MRF share history, and MRF recent shares in the market can be found in this article, so to know everything about MRF share price, read this post till the end. It is one of India’s largest tire manufacturers. And the 6th largest company in the world.
The company is known for its best-quality rubber tires. MRF Share Price in 1990 is a very popular search query on Google. It is because of MRF’s high share price. The main reason for this search is that the MRF price remains high and is the most expensive share in the Indian Stock Market.
Most post:
- Lucid stock price prediction 2025, 2030, 2040, 2050 LCID 2022
- CBA Dividend Dates 2022 | Commonwealth Bank of Australia
MRF Share Price History From 1990 to 2022
The above table shows the MRF Share Price History from 1990 to 2022, but these figures are not 100% accurate because MRF (India) does not share the exact figure, nor does any other source show the MRF share price in 1990.
| Years | Price of MRF Shares from 1990 to 2022 (yearly average) |
|---|---|
| 1990 | 5 rs. |
| 1991 | 8 rs. |
| 1992 | 9 rs. |
| 1993 | 18 rs. |
| 1994 | 27 rs. |
| 1995 | 345 rs. |
| 1996 | 3570 rs. |
| 1997 | 3299 rs. |
| 1998 | 2750 rs. |
| 1999 | 2925 rs. |
| 2000 | 2710 rs. |
| 2001 | 1250 rs. |
| 2002 | 1000 rs. |
| 2003 | 2550 rs. |
| 2004 | 2820 rs. |
| 2005 | 3500 rs. |
| 2006 | 4800 rs. |
| 2007 | 8900 rs. |
| 2008 | 7360 rs. |
| 2009 | 6890 rs. |
| 2010 | 9820 rs. |
| 2011 | 750 rs. |
| 2012 | 12850 rs. |
| 2013 | 20220 rs. |
| 2014 | 39400 rs. |
| 2015 | 46300 rs. |
| 2016 | 54650 rs. |
| 2017 | 74500 rs. |
| 2018 | 81450 rs. |
| 2019 | 67460 rs. |
| 2020 | 81249 rs. |
| 2021 | 98599 rs. |
| 2022 | 71782 rs. |
MRF share price in 2022
- This screenshot was taken in 2022 when the MRF share price was 72,064 Indian rupees.
- The 52-week high for MRF shares is 87,550 Indian rupees.
- The 52-week low for MRF’s share price is 63,000 Indian rupees.
- The dividend yield is 0.15% for MRF shares.
MRF Share Price in 2022
MRF’s share price was nearly 8,100 INR in 2022. Later on, in 2022, the price of this share dropped to 50,000 Indian rupees due to the COVID-19 pandemic.
| Year | MRF Share Price in 2022 |
|---|---|
| 2020 | 72,064.00 rs. |
MRF Share Price in 1990
MRF’s share price in 1990 was nearly 5 Indian rupees. The MRF share price has given a good return of over 1000%. Those who invested in MRF in 1990 made a very good profit; now they are all rich. Most investors have held MRF shares since 1990 because they trust the company’s quality. When the MRF share price was only 5 INR, one-person grandfather bought around 20,000 shares and now its worth is more than 1 billion.
| Year | MRF Share Price In 1990 |
|---|---|
| 1990 | 5 rs. |
MRF Share Price in 1993
The MRF share price was 11 INR by 1993. Prices increased by an estimated 66,000 INR in these 28 years, totaling 600,000 percent. It is a vast, unbeatable amount.
| Year | MRF’s Share Price In 1993 |
|---|---|
| 1993 | 11 rs. |
MEF Share Price in 1995
- In 1995, share prices were 1546, which was a noticeable increase.
MRF Share Price in 1980
MRF’s share price was zero rupees in 1980 as delisted shares were no longer traded on the stock exchange.
| Year | MRF’s Share Price In 1980 |
|---|---|
| 1980 | 0 rs. (Not Trading) |
Why is MRF So Expensive?
MRF shares are very expensive as the number of shares in this excellent marker is very small.
Two companies with the same market cap, one with a lower number of shares, will have a more expensive stock exchange. Same for the others.
Because of the limited supply of such shares in the market, the stock prices are just rising. Those who have claims do not want to sell them.
Who is the winner of MRF?
The biggest MRF shareholder is “MOVI PVT LTD”. It has an estimated 12% of MRF shares. The public holds others.
Can I Buy a Share of MRF?
Yes, everyone having a trading account can buy or sell MRF shares. The problem with purchasing one share is that you may pay many brokerage fees. We strongly suggest always calculating your risk percentage to make better decisions.
Is Investing in MRF a Good Decision?
It is very worth buying an MRF share. It has paid back very well to many people in all these years, but only to those who held it for a long time. For example, a share held since 1990 will be paid back in 2022.
You can make money from MRF if you have enough knowledge about it.
Can MRF shares reach 100,000?
Because of COVID-19, MRF shares were trading at an estimated 97,000 INR in 2021. The whole Indian stock market fell. The market is slowly getting back to its previous or better position after a hard comeback. Perhaps in the future, the MRF share price will reach $100,000.
Who’s the Owner of MRF?
- The following are the critical changes to MRF’s shareholding:
- Promoter holdings fell from 27.9 in 2021 to 27.87 in 2022.
- Domestic Institutional Investors got down from 8.23 in 2021 to 7.18 in 2022.
- Foreign institutional investors raised from 19.54 in 2021 to 21.93 on June 30, 2022.
- Other investors rose up by 44.62 (31 Dec 2021) to 64.95 (30 Sep 2022).
How to Analyze MRF Stock Fast?
- MRF share can be quickly calculated by:
- The stock’s PE is 60.43.
- The ratio of price to book is 2.66.
- The dividend yield is 0.17.
- MRF’s trailing 12-month (EPS) is $1,478.99.
Why is MRF Share Going Down?
MRF shares fell by an estimated 6% today after the tire manufacturer reported a 25% loss in profit in June 2022. On the Bombay Stock Exchange, MRF stock fell 5.81 percent to Rs 82,615 per share. The stock opened lower at Rs. 86,551.
What is BSE or NSE?
Being an investor in India and wishing to invest in shares of new companies, BSE will stand. But if you are a day trader, risking options, the NSE stands. NSE has better software for high-risk online transactions. By scanning your situation, you can use better choices for yourself. Not everyone is suitable for the same option. It depends on many factors. If you want to risk it or if you want to play safe. Everything in MRF is done by people having very clever and business-minded minds.
Shares can be invested and saved for the future. You have to decide if you want to sell your share or not. They can be brought by direct investment, buying an MRF by opening a Demat account with Angel One. Otherwise, you can use the direct method of investment as well. If you understand the biggest MRF market, You will be able to make lots of money with it if you follow all the suitable rules.
FAQs About MRF
Is it reasonable to invest?
By calculating the previous record, we assure you that it is the best platform for you to invest and maximize profit.
What are the benefits of MRF?
The MRF has multiple benefits for investors. It is the latest technology company, so there is a high demand for its share price. People can benefit from investing in MRF because it is a technology company. Shortly, there is a maximum chance of increasing its demand.
Conclusion
In this post, we have discussed the MRF share price and an overview of MRF shares. The history of MRF is also covered in this article so you can find information about MRF’s share in 1990 in this article.
If you think something remains to be covered, you can ask your question in the comment section. We are here to answer you 24/7. Give your feedback regarding the article till we get back with another excellent post.
