MRF Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did MRF shares perform in 2016?
Let's find out!
MRF share price in 2016 was ₹48,781.15 Its price on 1st January 2016 was ₹40,000, and by 31st December 2016 it moved to ₹48,781.15, giving a positive return of 21.95% for the year.
MRF Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹40,000 | ₹54,600.65 | ₹30,464.25 | ₹48,781.15 |
| 1st Jan 2016 | Occured in Oct 2016 | Occured in Jun 2016 | 31st Dec 2016 |
This page will help you understand how MRF performed in 2016. 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 2016
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| Month | MRF | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹35,607.1 | - | ↑ ₹41,399.94 ↓ ₹34,563.19 |
| Feb | ₹32,429.35 | -9% | ↑ ₹35,865 ↓ ₹31,190 |
| Mar | ₹38,368.5 | 18.3% | ↑ ₹38,969.35 ↓ ₹32,400 |
| Apr | ₹33,791.6 | -12% | ↑ ₹38,299 ↓ ₹33,550.05 |
| May | ₹33,806.25 | - | ↑ ₹34,850 ↓ ₹31,031.8 |
| Jun | ₹33,084.94 | -2.2% | ↑ ₹33,900 ↓ ₹30,464.25 |
| Jul | ₹33,797.94 | 2.1% | ↑ ₹35,900 ↓ ₹33,033.94 |
| Aug | ₹37,449 | 10.8% | ↑ ₹38,100 ↓ ₹33,507.15 |
| Sep | ₹50,937.35 | 36% | ↑ ₹51,486.9 ↓ ₹36,950 |
| Oct | ₹47,990.15 | -5.8% | ↑ ₹54,600.65 ↓ ₹46,202 |
| Nov | ₹49,899.25 | 3.9% | ↑ ₹53,950 ↓ ₹46,450 |
| Dec | ₹48,781.15 | -2.3% | ↑ ₹53,500 ↓ ₹47,577.5 |
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 2016?
In 2016, the opening price of MRF share was ₹40000.00. Today, the price stands at ₹1,23,509.89, reflecting a growth of 208.77%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹30,877.47 by 2024. This represents a CAGR of 15.13%.
You might also like to check: MRF Stock Price in 2015 or MRF Stock Price in 2017
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.
