Investors and finance enthusiasts frequently find themselves researching a company’s past performance to make well-informed decisions. Over the years, MRF Limited has garnered attention as one such company. From its founding in 1946, MRF has grown to be a major force in the tire industry. The company’s experience navigating the volatile financial markets is reflected in the MRF Share Price History.
What is MRF?
The largest tire manufacturer in India and the sixth largest producer worldwide is MRF or Madras Rubber Factory. Their tires’ superior rubber quality is the reason they are well-liked. Many people look up the MRF share price using the highly popular Google search term “MRF share price in 1990” to learn more about the company’s origins. Due to a widely shared video on the internet featuring a grandfather who purchased 20,000 MRF shares in 1990, the number of searches for it has surpassed 1 billion.
- Company Founder: K. M. Mammen Mappillai
- Headquarters: Chennai, Tamil Nadu, India
- Company age: 76 years, founded in 1946
- Main Products: Tyres, Toys, Sports equipment, Conveyor belt, Paints, Coats
MRF Share Price History Overview
| Year | MRF | YOY Chg% | ↑High – ↓Low |
| 1990 | ₹350.00 | – | ↑ ₹450
↓ ₹175 |
| 1991 | ₹630.00 | 80% | ↑ ₹725 ↓ ₹290 |
| 1992 | ₹925.00 | 46.8% | ↑ ₹2000
↓ ₹600 |
| 1993 | ₹1250.00 | 35.1% | ↑ ₹1300
↓ ₹600 |
| 1994 | ₹2350.00 | 88% | ↑ ₹4150
↓ ₹1250 |
| 1995 | ₹1750.00 | -25.6% | ↑ ₹2500
↓ ₹1475 |
| 1996 | ₹2850.00 | 62.8% | ↑ ₹3550
↓ ₹1700 |
| 1997 | ₹1933.25 | -32.2% | ↑ ₹3250
↓ ₹1825 |
| 1998 | ₹1430.00 | -26.1% | ↑ ₹2875
↓ ₹1320 |
| 1999 | ₹2187.70 | 52.9% | ↑ ₹2950
↓ ₹1416 |
| 2000 | ₹1217.10 | -44.4% | ↑ ₹2820
↓ ₹840 |
| 2001 | ₹710.35 | -41.7% | ↑ ₹1255
↓ ₹455 |
| 2002 | ₹900.00 | 26.6% | ↑ ₹1000
↓ ₹676 |
| 2003 | ₹2301.15 | 155.6% | ↑ ₹2551
↓ ₹842 |
| 2004 | ₹2420.15 | 5.1% | ↑ ₹2825
↓ ₹1285 |
| 2005 | ₹2750.95 | 13.6% | ↑ ₹3485
↓ ₹2275 |
| 2006 | ₹4303.50 | 56.4% | ↑ ₹4785
↓ ₹2025 |
| 2007 | ₹7220.65 | 67.7% | ↑ ₹8955
↓ ₹3100 |
| 2008 | ₹2002.45 | -72.3% | ↑ ₹7300
↓ ₹1650 |
| 2009 | ₹6034.00 | 201.3% | ↑ ₹6899
↓ ₹1501 |
| 2010 | ₹7207.60 | 19.4% | ↑ ₹9812
↓ ₹5485 |
| 2011 | ₹6991.35 | -3.1% | ↑ ₹7950
↓ ₹5332 |
| 2012 | ₹12806.85 | 83.1% | ↑ ₹12832
↓ ₹6471 |
| 2013 | ₹19372.15 | 51.2% | ↑ ₹20235
↓ ₹11011 |
| 2014 | ₹37882.90 | 95.5% | ↑ ₹39500
↓ ₹18600 |
| 2015 | ₹39847.60 | 5.1% | ↑ ₹46405
↓ ₹31374 |
| 2016 | ₹48781.15 | 22.4% | ↑ ₹54600
↓ ₹30464 |
| 2017 | ₹72348.15 | 48.3% | ↑ ₹74499
↓ ₹48780 |
| 2018 | ₹67088.25 | -7.3% | ↑ ₹81423
↓ ₹59494 |
| 2019 | ₹66327.75 | -1.2% | ↑ ₹67425
↓ ₹51850 |
| 2020 | ₹75712.40 | 14.1% | ↑ ₹81000
↓ ₹50000 |
| 2021 | ₹73293.55 | -3.2% | ↑ ₹98575
↓ ₹68719 |
| 2022 | ₹88531.10 | 20.7% | ↑ ₹95954
↓ ₹62944 |
| 2023 | ₹129579.25 | 46.3% | ↑ ₹130399
↓ ₹81380 |
| 2024 | ₹142996.80 | 10.3% | ↑ ₹150254
↓ ₹127257 |
MRF Share Returns in the Last 20 Years
- The price of MRF shares in 2004 was ₹2,420.15.
- Shares of the company reached ₹1,42,996.80 by 2024.
- In the previous two decades, the share price peaked at ₹1,50,254.16 and fell to ₹1,285.50.
- With a CAGR of 22.6% over the previous 20 years, it produced a positive return of over 5808%.
- Your investment would have increased to ₹5.91 Lakh by 2024, or 59.08 times your initial investment if you had invested ₹10,000 in MRF in 2004.
MRF Share Returns in the Last 15 Years
- In the previous 15 years, its share price has ranged from ₹1,50,254.16 to ₹1,501.
- MRF 2009 saw a share price of ₹6,034
- Its share price increased to ₹1,42,996.80 by 2024.
- Over the previous 15 years, it produced a positive return of over 2269% with a CAGR of 23.4%.
- If you had invested ₹10,000 in MRF in 2009, you would have made 23.69 times the amount of money you started within just 15 years, or ₹2.37 lakh, by 2024.
MRF Share Returns in the Last 10 Years
- Its share price increased to ₹1,42,996.80 by 2024.
- Over the previous ten years, it produced a positive return of over 277% with a CAGR of 14.2%.
- In the previous ten years, ₹1,50,254.16 was its highest share price, and ₹18,600 MRF was its lowest. 2014 saw a share price of ₹37,882.90.
- If you had invested ₹10,000 in MRF in 2014, you would have tripled your money in ten years to ₹37,747 by 2024, or 3.77 times what you had originally invested.
MRF Share Returns in the Last 5 Years
- MRF 2019 saw a share price of ₹66,327.75.
- Its share price increased to ₹1,42,996.80 by 2024.
- Its share price in the last five years has ranged from ₹50,000 to ₹1,50,254.16.
- Over the previous five years, it produced a positive return of over 115% with a CAGR of 16.6%.
- In five years, your investment in MRF, which you would have started with ₹10,000 in 2019, would have increased to ₹21,559 by 2024—a 2.15-fold return on your original investment.
Why MRF Share Price is So High?
There are fewer shares, which is the only explanation for the high price. Furthermore, the company has never divided its shares, which entails dividing one share into multiple shares. Are you curious about the reasons behind the high price of MRF shares?
Is Investing in MRF Stock Good?
Indeed, historical data indicates that MRF stock has provided exceptional returns for its investors. The majority of MRF shareholders who have held the stock for a very long period—from 1990 to 2022, for example—are profitable. Additionally, if you are proficient at reading charts, you can still profit from MRF stock if you day trade.
Can I Buy 1 Share of MRF?
Yes, MRF shares are available for purchase, holding, and sale at any time by anyone with a trading account. The primary drawback of purchasing a single share is the potential for significant brokerage costs.
Conclusion
MRF Share Price History Data Limited offers an engrossing trip through the development of the business. From its modest start in the post-independence era to its present position as a major player on the international tire manufacturing scene, MRF’s share prices are a dynamic combination of market, technological, and economic factors.
Leave a Comment