The exact share price of MRF in 1990 isn’t clearly documented due to limited historical data. However, a chart from Business Today indicates that in April 1993, MRF’s share price was approximately ₹11. This suggests that in 1990, the price was likely in a similar range.
MRF has never undergone a stock split or issued bonus shares, which has contributed to its high share price today, often exceeding ₹1 lakh. This remarkable growth underscores the power of long-term investing and the importance of understanding market fundamentals. Building a strong foundation by learning stock market principles can empower you to navigate the financial markets with confidence.
In the early 1990s, MRF shares were trading around ₹500–₹600 levels (pre-adjusted). However, due to multiple years of compounding and not undergoing a split, MRF’s share price has risen substantially, now trading at over ₹1 lakh per share. This reflects strong brand equity and consistent earnings performance over decades.