What was the price of MRF share in 1990?
MRF share price in 1990 was around 320 Rupees. 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.
What was the IPO price of MRF?
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. On April 27, 1993, the company’s share closed at Rs 11 compared to the current price of Rs 54,488 on BSE.
When did MRF give dividend?
MRF Ltd.
| Announcement Date | Ex-Date | Dividend (Rs) |
|---|---|---|
| 05-05-2017 | 27-07-2017 | 54.00 |
| 03-02-2017 | 14-02-2017 | 3.00 |
| 27-10-2016 | 08-11-2016 | 3.00 |
| 03-05-2016 | 03-08-2016 | 94.00 |
Did MRF give bonus shares?
MRF Ltd. has not announced any bonus since Jan 1, 2000.
What was the share price of MRF in 1993?
However, a chart from Business Today quotes the price as ₹ 11 per share in April 1993.
What was the share price of Infosys in 1993?
Rs. 145 per share
Infosys made an initial public offer in February 1993 and was listed on stock exchanges in India in June 1993. Trading opened at Rs. 145 per share compared to the IPO price of Rs. 95 per share.
Is MRF a good stock to buy?
It maintains Buy rating at a TP of Rs. 96,217 (20x FY23e). Risks: Higher rubber costs, low volume growth. Promoters held 27.84 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.54 per cent, DIIs 8.19 per cent.
Can MRF shares split?
MRF Ltd. has not split the face value of the share since Jan 1, 2000.
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.
What is the price of MRF share in 2005?
MRF shares hit new high of Rs 78,234 per share
| Date | MRF | MRF* |
|---|---|---|
| 31/12/2008 | 2003 | -72.16 |
| 31/12/2007 | 7196 | 67.62 |
| 31/12/2006 | 4293 | 56.20 |
| 31/12/2005 | 2748 | 13.57 |
Who bought MRF shares in 1990?
A few years ago, a video from ‘Zee Business’ went viral – where a small investor had 20,000 shares of MRF – which his grandfather had purchased in 1990. The current value of the shares would be ₹ 157,60,00,000 – i.e 157.6 crore. The current price of each MRF share is ₹ 78,800.
What was Infosys share price in 1994?
Trading opened at Rs. 145 per share compared to the IPO price of Rs. 95 per share. In October 1994, Infosys made a private placement of 5,50,000 shares at Rs.
What is the value of MRF shares in India?
The current value of the shares would be ₹ 157,60,00,000 – i.e 157.6 crore. The current price of each MRF share is ₹ 78,800. Check out the video before we get into more details: So how much was the MRF stock price in 1990?
What is the dividend yield of MRF stock?
For the year ending June 2019 MRF has declared an equity dividend of 600.00% amounting to Rs 60 per share. At the current share price of Rs 63285.60 this results in a dividend yield of 0.09%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
What is the history of MRF?
During this time, MRF established its first office at 334, Thambu Chetty Street, Madras (now Chennai), Tamil Nadu, India. 1952 – MRF ventured into the manufacture of tread rubber. And with that, the first machine, a rubber mill, was installed at the factory.
What is MRF doing for market sampling?
– MRF has launched a market sampling operation for the MRF Zigma. 1999 – MRF Ltd has decided to set up more such clinics in Northern and Western cities.