In 1990, MRF's share price was much lower than it is today due to inflation, market growth, and company performance over time. To get the exact price from 1990, you would need to consult historical stock data on financial websites or stock exchanges where MRF was listed at the time.
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.