MRF Share Price History & Returns (1990 To 2024)
Show Table of Contents
Table of Contents
- 1: MRF Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About MRF
- 3: MRF Recent Performance
- 4: MRF Share Price Chart From 1990 to 2024
- 5: MRF Share Price History Table From 1990 to 2024
- 6: Analyzing the Impact of Investing in MRF
- 6.1: MRF Share Returns In Last 5 Years
- 6.2: MRF Share Returns In Last 10 Years
- 6.3: MRF Share Returns In Last 15 Years
- 6.4: MRF Share Returns In Last 20 Years
- 6.5: MRF Share VS FD (Normal) VS FD (Compounding)
MRF Share Highlights
As of Thu 21 Nov 2024, MRF Share price is ₹1,23,509.89 which is ₹27,935.11 below 52-week high of ₹1,51,445 and ₹12,892.35 above 52-week low of ₹1,10,617.54
52-Week High Low
- MRF 52-Week High is ₹1,51,445 occured on Fri 23 Feb 2024
- MRF 52-Week Low is ₹1,10,617.54 occured on Wed 22 Nov 2023
All Time High
- The all-time high or the highest price that MRF shares have ever touched was ₹1,51,445 and this occurred on Fri 23 Feb 2024.
- The highest closing price at which MRF shares have ever closed was ₹1,50,725 recorded on Fri 23 Feb 2024.
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Short Info About MRF
MRF: The Muscle Behind India’s Tyre Industry
It is said that living organisms continue to evolve, but there are a few human inventions that are continuously evolving due to the research and development done by humankind. Around 3500 BC, the first tyre was made, and after thousands of years, we have reached the tyre of today’s world. With over 60 years of experience, MRF is one of India’s top tyre makers.
December 1960
MRF Ltd. was incorporated.
April 1961
It got listed on the Indian stock market.
It started as a small toy balloon manufacturing unit in a shed in 1946. It kept on expanding its rubber products portfolio. Within a decade, due to its quality products, many overseas companies stepped back from manufacturing similar products. It also became the first Indian company to export tyres to the USA. MRF stands for Madras Rubber Factory.
It manufactures tyres, sports goods, paints and coats, retreads, etc. It has also shifted some of its business towards providing services, such as T&S, Tiretok, Tyredome, etc. Various indices have it as its constituent, such as the Nifty 200, Nifty Auto, etc. It exports its quality products to over 74+ countries.
The growth in the product portfolio of MRF Ltd. is also visible in the value creation done for its investors through its historical share price.
MRF Recent Performance
Over the past 22 trading days, the value of MRF's stock has decreased by ₹6301.86 (-4.85%). On 17 Oct 2024, its one share was worth ₹129811.75 and by 21 Nov 2024, the value dropped to ₹123509.89. During this period it created a highest high of ₹132000.00 and lowest low of ₹117449.89.
Below Image represents line chart of daily close price of MRF, helping you visualize how the price has changed day by day.
MRF Share Price Chart From 1990 to 2024
MRF Share Price History Table From 1990 to 2024
| 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 | ₹123509.89 | -4.7% | ↑ ₹124099 ↓ ₹121751 |
Analyzing the Impact of Investing in MRF
MRF Shares price in the year 1990 was ₹350.00. If you had invested ₹10,000 in MRF Shares in 1990, in 34 years, your investment would have grown to ₹35.28 Lakh by the end of 2024. This represents a positive return of 35188.5% from 1990 to 2024, with a compound annual growth rate (CAGR) of 18.8%.
Also Read: Adani Green Year Wise Share Price History From IPO to 2024
MRF Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹1,30,399.35 and lowest was: ₹50,000
- MRF Shares price in 2019 was ₹66,327.75
- By 2024, its share price rose to ₹1,23,509.89
- It gave a positive return of over 86% with a CAGR of 13.2% over the last 5 years
- If you had invested ₹10,000 in MRF in 2019 then in 5 years, your investment would have grown to ₹18,621 by 2024, which is 1.86 times of your initial investment.
MRF Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹1,30,399.35 and lowest was: ₹18,600
- MRF Shares price in 2014 was ₹37,882.9
- By 2024, its share price rose to ₹1,23,509.89
- It gave a positive return of over 226% with a CAGR of 12.5% over the last 10 years
- If you had invested ₹10,000 in MRF in 2014 then in 10 years, your investment would have grown to ₹32,603 by 2024, which is 3.26 times of your initial investment.
MRF Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹1,30,399.35 and lowest was: ₹1,501
- MRF Shares price in 2009 was ₹6,034
- By 2024, its share price rose to ₹1,23,509.89
- It gave a positive return of over 1946% with a CAGR of 22.2% over the last 15 years
- If you had invested ₹10,000 in MRF in 2009 then in 15 years, your investment would have grown to ₹2.04 Lakh by 2024, which is 20.46 times of your initial investment.
MRF Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹1,30,399.35 and lowest was: ₹1,285.5
- MRF Shares price in 2004 was ₹2,420.15
- By 2024, its share price rose to ₹1,23,509.89
- It gave a positive return of over 5003% with a CAGR of 21.7% over the last 20 years
- If you had invested ₹10,000 in MRF in 2004 then in 20 years, your investment would have grown to ₹5.1 Lakh by 2024, which is 51.03 times of your initial investment.
MRF Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | MRF Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 1990 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹34,71,929.01 | ₹30,400 | ₹72,510.25 |
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For more insights into MRF, explore these additional resources:-
Reference:
- Economic Times MRF Ltd. company history
- Wikipedia MRF Ltd. – Wiki
- MRF Ltd. MRF – Milestones
