(Best analysis ) on MRF:share History 1980 to 2023 & Share Price Target 2022 to 2025;-MRF, whose full-form is “Madras Rubber Factor,” is one of the biggest manufacturers of tires in India along with the 6th biggest producer in the world.
The company is famous for its rubber quality in making tires. Many people type MRF in google to see their stock price value in 1990 to compare it with present stock value.
It is because there is one video that got viral over the internet in which a grandfather who bought a total of 20,000 shares of MRF in 1990 now becomes a cost of over 1 billion.
The most crucial reason why MRF stays in the limelight is its high share value because the MRF share is considered one of the most expensive shares in the Indian Stock Market.
In this article, we will look into the history of MRF share prices between 1990 to 2050 in India.
About MRF company
Madras Rubber Factor, or MRF, commonly called MRF Tyres, is one of the Indian Multinational companies creating number one tires worldwide.
It is the biggest manufacturer of tires in India. Its headquarters are located in Tamil Nadu, India, and Chennai. The company is well known for manufacturing tires, treads, tubes, belts, paints, toys, etc.
MRF:share History 1980 to 2022 & Share Price Target 2022 to 2025 ,2030,2050
quick information about MRF:share History 1980 to 2022
|yeras||share price (1990 to 2022)|
MRF Share Price in 1980
In 1980, the stock of MRF hadn’t traded on BSE.
MRF Share Price in 1990
The stock price of MRF in 1990 was only 5 INR. As of now, this share is giving a total return of around 1000%. People who were clever during 1990 and invested significantly in MRF shares are now wealthy.
Some of the investors have even now held their MRF stocks since 1990. Many become billionaires since they invested a good amount in MRF shares.
MRF Share Price in 1993
The stock price of MRF during 1993 was near 11 INR. But as of now, the MRF share price reached 66,000 INR, which has grown to 6,00,000% in 28 years.
MRF Share Price in 1995
In 1995, the stock price of MRF was around 1546 INR which was a recordable growth over the last five years.
MRF Share Price in 2020
In 2020, the share price of MRF shares was around 81,000 INR. However, this year only, the price of MRF stock shares lowered to 50,000 INR because of sudden lockdowns due to covid19.
MRF Share Price Target 2022
In 2022, the MRF will get to its peak of 87,550 INR. The 52-week High value for MRF shares is 87,550 INR, and the 52-week low value for MRF shares is 63,000 INR. The dividend yield for MRF shares in 2022 is 0.15%.
MRF Share Price Target 2023
|highest share price target||52032.22|
|lowest share price target||38868.59|
|average share price target||44363.39|
For MRF Share Price Target 2023, 12 predictions are made for each month of 2023. As a result, the average share price target for 2023 will be 44363.39, the highest share price target is 52032.22, and the lowest share price target is 38868.59.
Therefore, if we talk about the average decrement in MRF Share Price Target 2023, it will decrement by -32.69% from the last price of 65911.296875.
MRF Share Price Target 2025
|year-2025||share price target|
|highest share price target||22540.63|
|lowest share price target||11683.32.|
|average share price target||17639.97|
For MRF Share Price Target 2025, 12 predictions are made for each month of 2025. As a result, the average share price target for 2025 will be 17639.97, the highest share price target is 22540.63, and the lowest share price target is 11683.32.
Therefore, if we talk about the average decrement in MRF stock share price target 2025, it will decrement by -73.24% from the last price of 65911.296875.
MRF Share Price Target 2027
|year-2027||share price target|
|highest share price target||28157.35|
|lowest share price target||12451.41|
|average share price target||18222.86|
For MRF Share Price Target 2027, 12 predictions are made for each month of 2027. As a result, the average share price target for 2027 will be 18222.86, the highest share price target is 28157.35, and the lowest share price target is
12451.41. Therefore, if we talk about the average decrement in MRF Share Price Target 2027, it will decrement by -72.35% from the last price of 65911.296875.
MRF Share Price Target 2030
|year-2030||share price target|
|highest share price target||109926.09|
|lowest share price target||84439.94|
|average share price target||102707.9|
For MRF Share Price Target 2030, 12 predictions are made for each month of 2030. As a result, the average share price target for 2030 will be 102707.9, the highest share price target is 109926.09, and the lowest share price target is 84439.94.
Therefore, if we talk about the average increment in the MRF Share Price Target for 2030, it will increment by 55.83% from the last price of 65911.296875.
FAQ-MRF share price
Why the stock price of MRF is that high?
If saying in simple words, its high price is due to its less number of shares. Moreover, the company never split its share price to make more shares.
Who is holding the maximum shares of MRF?
One of the funds known as the hedge fund, called “MOVI Pvt LTD,” is one of the most significant stakeholders of MRF.
It holds about 12% of the total company’s stock in quantity. Moreover, the remaining stock is owned by the general public.
Can we buy only one share of MRF?
Yes, you can buy any shares, starting from even one from your trading account. After that, you can hold it or sell it anything you want.
The main problem in buying single stock is that you need to pay hefty brokerage fees. Thus it is advisable to calculate the brokerage fees before investing to buy only one share.
Would the MRF Stock price reach 100000?
Yes, on 10th February 2021, the MRF share was at the peak value of 97,000 INR in India at the time when COVID-19 hit the world.
After that, a sudden breakthrough happened in the Indian market, and the prices of all stocks fell suddenly. Therefore in the future, it is assumed to reach above the 100,000 INR in India.
Do invest in MRF stock good?
Yes, it is profitable if you invest in MRF stocks. Over the past years, it has provided investors with a considerable profit.
Most investors who have held the stock from 1990 to 2022 are in profit with huge returns on investment.
Which is the most costly share of India?
Up to now, only MRF is at the top regarding stock value. Its value was in the single digits during 1990, but as of now, its value has become five digits.