MRF Share Price in 1996: Chart, Monthly Trends, & Analysis
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How did MRF shares perform in 1996?
Let's find out!
MRF share price in 1996 was ₹2,850 Its price on 1st January 1996 was ₹1,720, and by 31st December 1996 it moved to ₹2,850, giving a positive return of 65.69% for the year.
MRF Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1,720 | ₹3,550 | ₹1,700 | ₹2,850 |
| 1st Jan 1996 | Occured in Jun 1996 | Occured in Jan 1996 | 31st Dec 1996 |
This page will help you understand how MRF performed in 1996. Let's get started.
For complete insights into MRF’s incredible stock price performance and growth, see: MRF Historical Share Price Data from its IPO to 2024
Table: MRF Share Monthly Close, Low, High Prices for 1996
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| Month | MRF | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1,770 | - | ↑ ₹1,820 ↓ ₹1,700 |
| Feb | ₹2,470 | 39.5% | ↑ ₹2,570 ↓ ₹1,730 |
| Mar | ₹2,850 | 15.3% | ↑ ₹2,900 ↓ ₹2,420 |
| Apr | ₹2,900 | 1.7% | ↑ ₹2,920 ↓ ₹2,600 |
| May | ₹3,060 | 5.5% | ↑ ₹3,400 ↓ ₹2,950 |
| Jun | ₹3,527.25 | 15.2% | ↑ ₹3,550 ↓ ₹3,040 |
| Jul | ₹3,055 | -13.4% | ↑ ₹3,530 ↓ ₹3,055 |
| Aug | ₹3,112.5 | 1.8% | ↑ ₹3,300 ↓ ₹3,075 |
| Sep | ₹2,850 | -8.5% | ↑ ₹3,105 ↓ ₹2,825 |
| Oct | ₹2,990 | 4.9% | ↑ ₹3,199 ↓ ₹2,500 |
| Nov | ₹2,775 | -7.2% | ↑ ₹3,050 ↓ ₹2,775 |
| Dec | ₹2,850 | 2.7% | ↑ ₹2,925 ↓ ₹2,750 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in MRF in 1996?
In 1996, the opening price of MRF share was ₹1720.00. Today, the price stands at ₹1,23,509.89, reflecting a growth of 7,080.8%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹7.18 Lakh by 2024. This represents a CAGR of 16.49%.
You might also like to check: MRF Stock Price in 1995 or MRF Stock Price in 1997
References:
Stock prices on stockpricearchive.com are gathered from reliable sources only. We take prices from stock exchanges only, majorly from BSE and NSE.
Disclaimer: Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
