What was the initial price of MRF share?
MRF Share price in 1990 was around 320 Rupees. But now MRF share price is around 97000 Rupees. MRF share lifetime high is 98599 Rupees. In 2016 MRF share price was 41425 Rupees.
How did MRF become successful?
That’s not all. MRF found exceptional success in brand building through its association with cricket, India’s most popular sport, and rally racing. In 1987, it set up the MRF Pace Foundation in Chennai, a coaching centre for fast bowlers that is now widely acclaimed as one of the world’s best.
Who holds most of MRF shares?
Looking at our data, we can see that the largest shareholder is MOWI Pvt Ltd with 12% of shares outstanding. For context, the second largest shareholder holds about 10% of the shares outstanding, followed by an ownership of 3.0% by the third-largest shareholder.
When did MRF public?
This holds true for equity investors who invested in MRF shares in April 1993 and held on. MRF (Madras Rubber Factory), which debuted as a public company with a face value of Rs 10 per share, has delivered more than 7,40,109 per cent returns to investors in the last 25 years.
Which is the costliest stock in India?
MRF
MRF or Madras Rubber Factory is the most expensive share in India….Berkshire Hathaway Inc. (BRK-A)is the most expensive share in the world.
| Sl No. | Stock Name | Stock Price (Rs) |
|---|---|---|
| 1 | Berkshire Hathaway Inc. (BRK-A) | 3,39,22,506.54 |
Is MRF good for intraday?
Currently Mrf is trading lower than yesterday, which is not good for the stock. Intraday sentiment of Mrf is towards buying. Its showing heavy buying in today’s intra day trading!…Mrf (MRF) Intraday & BTST tips (08 Friday April 2022) | Buy/Sell intraday tips& predictions Mrf.
| Intraday | Value |
|---|---|
| Intraday Resistance2: | 68960.45 |
Why MRF share price is so high?
The MRF shares prices is high because the company has never split its stock to reduce the share cost. A single MRF stock is above Rs 70,000, making it one of the expensive stocks to invest in India.
Who is the owner of MRF?
K. M. Mammen Mappillai
MRF (company)
| Type | Public |
|---|---|
| Founder | K. M. Mammen Mappillai |
| Headquarters | Chennai, Tamil Nadu , India |
| Area served | Worldwide |
| Key people | K.M.Mammen (Chairman), Rahul Mammen Mappillai (MD) |
Who is the competitor of MRF?
MRF’s top competitors include Apollo Tyres, Hero Motocorp, Mazda and FAW Group.
Why share price of MRF is high?
What was MRF share price in 2000?
The share price of MRF in January 2000 was ₹ 2530 per share. This was before the Dot-com bubble burst. When the market crashed in 2000 – 2001, MRF crashed to a low of ₹ 401 per share on October 17 2001.
Why MRF shares are so high?