MRF Share Price in 1997: Chart, Monthly Trends, & Analysis
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How did MRF shares perform in 1997?
Let's find out!
MRF share price in 1997 was ₹1,933.25 Its price on 1st January 1997 was ₹2,875, and by 31st December 1997 it moved to ₹1,933.25, giving a negative return of -32.76% for the year.
MRF Share Open, High, Low, and Close prices for the Year 1997 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹2,875 | ₹3,250 | ₹1,825 | ₹1,933.25 |
| 1st Jan 1997 | Occured in Mar 1997 | Occured in Dec 1997 | 31st Dec 1997 |
This page will help you understand how MRF performed in 1997. 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 1997
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| Month | MRF | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹3,015 | - | ↑ ₹3,175 ↓ ₹2,850 |
| Feb | ₹3,200 | 6.1% | ↑ ₹3,200 ↓ ₹3,000 |
| Mar | ₹3,089.25 | -3.5% | ↑ ₹3,250 ↓ ₹3,000 |
| Apr | ₹3,121.75 | 1% | ↑ ₹3,200 ↓ ₹2,960 |
| May | ₹3,150 | 0.9% | ↑ ₹3,200 ↓ ₹2,950 |
| Jun | ₹2,950 | -6.4% | ↑ ₹3,168 ↓ ₹2,750 |
| Jul | ₹3,000 | 1.6% | ↑ ₹3,200 ↓ ₹2,910 |
| Aug | ₹2,902 | -3.3% | ↑ ₹3,149 ↓ ₹2,800 |
| Sep | ₹2,950 | 1.6% | ↑ ₹3,000.27 ↓ ₹2,750 |
| Oct | ₹2,178 | -26.2% | ↑ ₹3,052 ↓ ₹2,011 |
| Nov | ₹2,280 | 4.6% | ↑ ₹2,488 ↓ ₹2,100 |
| Dec | ₹1,933.25 | -15.3% | ↑ ₹2,280 ↓ ₹1,825 |
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 1997?
In 1997, the opening price of MRF share was ₹2875.00. Today, the price stands at ₹1,23,509.89, reflecting a growth of 4,195.99%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1997 would have become ₹4.29 Lakh by 2024. This represents a CAGR of 14.94%.
You might also like to check: MRF Stock Price in 1996 or MRF Stock Price in 1998
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.
